Filing Flows › Yeti Holdings (YETI) › Q4 2025
Yeti Holdings (YETI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
Yeti Holdings (YETI) reported revenue of $584M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and +20% from the quarter before. Operating margin was 12.9%, net earnings $58.2M (10.0% of revenue).
Yeti Holdings, Q4 2025: revenue $584M (+7% year over year), operating margin 12.9%, net earnings $58.2M, operating cash flow $173M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $584M | +20% | +7% |
| Gross profit | $341M | +25% | +4% |
| Operating profit | $75.5M | +39% | -8% |
| Net earnings | $58.2M | +48% | +10% |
| Operating cash flow | $173M | +71% | -23% |
| Free cash flow | $162M | +157% | -25% |
What changed
Revenue was $583.7M in Q4 2025, up 7% year over year and up 20% from the previous quarter. Drinkware was the largest line at 65% of revenue.
Gross margin was 58.4%, down 1.3 points from Q4 2024. Operating profit was $75.5M, a 12.9% margin (down 2.2 points year over year). Operating profit fell $7.0M even though revenue rose $37.2M versus Q4 2024, so costs grew faster than sales. Operating expenses grew 9% against revenue growth of 7%. Net earnings were $58.2M, up 10% year over year. The effective tax rate was 23.1%.
Operating cash flow was $172.9M (down 23% year over year), 297% of net earnings. Non-cash charges added back $14.1M of depreciation and amortization and $15.3M of share-based compensation. Working capital and other items added $85.3M. Capital expenditures of $10.9M left free cash flow of $162.0M.
Questions
What was Yeti Holdings' revenue in the fourth quarter 2025?
Yeti Holdings (YETI) reported revenue of $584M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and +20% from the quarter before.
Was Yeti Holdings profitable in the fourth quarter 2025?
Operating profit was $75.5M (12.9% of revenue) and net earnings $58.2M.
Source: Yeti Holdings 10-K on SEC EDGAR.