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Whirlpool (WHR) Q2 2025 earnings results (second quarter 2025)

10-Q filed Jul 29, 2025

Whirlpool (WHR) reported revenue of $3.8B for the second quarter 2025 (Q2 2025), -5% from a year earlier and +4% from the quarter before. Operating margin was 5.4%, net earnings $65.0M (1.7% of revenue).

Revenue$3.8B
Year over year-5%
Quarter over quarter+4%
Operating margin5.4%
Net earnings$65.0M

Whirlpool, Q2 2025: revenue $3.8B (-5% year over year), operating margin 5.4%, net earnings $65.0M, operating cash flow $19.0M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$3.8B+4%-5%
Gross profit$610M+0.5%-3%
Operating profit$204M+11%+57%
Net earnings$65.0M-8%-70%
Operating cash flow$19.0M—-95%

What changed

Revenue was $3.8B in Q2 2025, down 5% year over year and up 4% from the previous quarter. Refrigeration was the largest line at 32% of revenue. Cooking lost $0.09B year over year (down 10%), 40% of the total change.

Gross margin was 16.2%, up 0.5 points from a year earlier. Operating profit was $0.20B, a 5.4% margin (up 2.1 points year over year). Operating expenses fell 18% while revenue fell 5%. Net earnings were $0.07B, down 70% year over year. The effective tax rate was 27.9%.

Operating cash flow was $0.02B (down 95% year over year), 25% of net income including minority interests. Non-cash charges added back $0.08B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.16B. Capital expenditures of $0.08B exceeded it, leaving free cash flow of −$0.06B.

Questions

What was Whirlpool's revenue in the second quarter 2025?

Whirlpool (WHR) reported revenue of $3.8B for the second quarter 2025 (Q2 2025), -5% from a year earlier and +4% from the quarter before.

Was Whirlpool profitable in the second quarter 2025?

Operating profit was $204M (5.4% of revenue) and net earnings $65.0M.

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Source: Whirlpool 10-Q on SEC EDGAR.