Filing Flows › Xylem (XYL) › Q4 2025
Xylem (XYL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
Xylem (XYL) reported revenue of $2.4B for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +6% from the quarter before. Operating margin was 14.7%, net earnings $333M (13.9% of revenue).
Xylem, Q4 2025: revenue $2.4B (+6% year over year), operating margin 14.7%, net earnings $333M, operating cash flow $543M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | +6% | +6% |
| Gross profit | $932M | +6% | +9% |
| Operating profit | $353M | +6% | +32% |
| Net earnings | $333M | +47% | +2% |
| Operating cash flow | $543M | +51% | -6% |
| Free cash flow | $460M | +64% | -3% |
What changed
Revenue was $2.4B in Q4 2025, up 6% year over year and up 6% from the previous quarter. Product was the largest line at 83% of revenue.
Gross margin was 38.9%, up 0.9 points from a year earlier. Operating profit was $0.35B, a 14.7% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 61% reached operating profit, above the 12% margin then. Operating expenses fell 2% while revenue rose 6%. The fastest-growing cost line was Other operating costs (+32%). Net earnings were $0.34B, up 3% year over year. The effective tax rate was 9.5%.
Operating cash flow was $0.54B (down 6% year over year), 163% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.08B left free cash flow of $0.46B.
Questions
What was Xylem's revenue in the fourth quarter 2025?
Xylem (XYL) reported revenue of $2.4B for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +6% from the quarter before.
Was Xylem profitable in the fourth quarter 2025?
Operating profit was $353M (14.7% of revenue) and net earnings $333M.
Source: Xylem 10-K on SEC EDGAR.