Cooper Companies (COO) Q4 FY2025 earnings: revenue $1.1 billion, up 4.6% on the year

Cooper Companies, Inc. (COO) reported revenue of $1.1 billion for Q4 FY2025, the quarter ended 31 October 2025, up 4.6% on the same quarter a year earlier. Net income was $85 million, down 28.0% on the year, and diluted earnings per share $0.43. The figures are the company's own, from the 10-K it filed with the SEC on 5 December 2025.

Revenue

$1.1 billion

+4.6% on the year · +0.5% on the quarter

Q1 FY2024Q4 FY2025

Operating margin

13.2%

19.5% a year earlier

Q1 FY2024Q4 FY2025

Net income

$85 million

-28.0% on the year · -13.9% on the quarter

Q1 FY2024Q4 FY2025

Diluted EPS

$0.43

-25.9% on the year · -12.2% on the quarter

Q1 FY2024Q4 FY2025

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 10 new.

Fourth-quarter revenue up 5%: Revenue of $1,065.2 million, up 5% reported and 3% organically, against $1,018.4 million a year earlier.
Non-GAAP EPS above prior range: Fiscal 2025 non-GAAP diluted EPS of $4.13, above the $4.08 to $4.12 range in the prior release; GAAP diluted EPS was $1.87.
Gross margin fell on reorganization costs: GAAP gross margin was 61% versus 67%, which management tied to reorganization costs; non-GAAP gross margin was 66%.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q4 FY2025	Q3 FY2025	Q4 FY2024	On the quarter	On the year
Revenue	1,065	1,060	1,018	+0.5%	+4.6%
Cost of revenue	414	368	341	+12.5%	+21.6%
Gross profit	651	692	678	-6.0%	-4.0%
Gross margin	61.1%	65.3%	66.5%
Research and development	41.4	44.6	37.7	-7.2%	+9.8%
Selling, general and administrative	419	422	391	-0.6%	+7.1%
Operating income	140	176	198	-20.1%	-29.2%
Operating margin	13.2%	16.6%	19.5%
Interest expense	24.4	25.4	27.0	-3.9%	-9.6%
Pre-tax income	117	152	169	-23.1%	-30.7%
Income tax	32.2	53.6	51.1	-39.9%	-37.0%
Effective tax rate	27.6%	35.3%	30.3%
Net income	84.6	98.3	118	-13.9%	-28.0%
Net margin	7.9%	9.3%	11.5%
Diluted EPS	$0.43	$0.49	$0.58	-12.2%	-25.9%

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q4 FY2025	Q3 FY2025	Q4 FY2024	On the quarter	On the year
Operating cash flow	248	261	268	-5.2%	-7.5%
Capital expenditure	98.0	96.9	140	+1.1%	-30.0%
Free cash flow	150	164	128	-8.9%	+17.0%
Free cash flow margin	14.1%	15.5%	12.6%
Cash from investing	-98.8	-98.1	-242
Cash from financing	-164	-156	-28.4
Depreciation and amortisation	97.9	95.7	91.0	+2.3%	+7.6%
Share-based compensation	15.2	16.2	16.4	-6.2%	-7.3%
Buybacks	197	52.7	n/a	+273.4%
Dividends paid	0.0	0.0	0.0
Diluted shares, weighted	198m	200m	201m	-0.9%	-1.5%
Shares outstanding at period end	196m	199m	200m	-1.5%	-1.9%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q4 FY2025	Q3 FY2025	Q4 FY2024	On the quarter	On the year
Shareholders' equity	8,239	8,353	8,083	-1.4%	+1.9%
Non-controlling interest	0.2	0.2	0.2	0.0%	0.0%
Debt	2,505	2,478	2,584	+1.1%	-3.0%
Operating lease liabilities	240	n/a	231		+4.2%
Finance lease liabilities	1.8	1.9	2.4	-5.3%	-25.0%
Other liabilities	1,408	1,544	1,415	-8.8%	-0.5%
Total liabilities and equity	12,395	12,377	12,315	+0.1%	+0.6%
Fixed assets	2,080	n/a	1,860		+11.8%
Goodwill	3,853	3,862	3,838	-0.2%	+0.4%
Intangible assets	1,586	1,636	1,791	-3.0%	-11.4%
Cash and equivalents	111	125	108	-11.4%	+2.8%
Receivables	829	792	717	+4.6%	+15.6%
Inventory	846	881	803	-4.0%	+5.4%
Other assets	3,090	5,081	3,198	-39.2%	-3.4%
Total assets	12,395	12,377	12,315	+0.1%	+0.6%

Questions

What was Cooper Companies' revenue in Q4 FY2025?

Cooper Companies (COO) reported revenue of $1.1 billion for Q4 FY2025, the quarter ended 31 October 2025, up 4.6% on the same quarter a year earlier.

How much did Cooper Companies earn in Q4 FY2025?

Net income for Q4 FY2025 was $85 million, down 28.0% on the year, and diluted earnings per share $0.43.

When did Cooper Companies report Q4 FY2025 results?

Cooper Companies filed its 10-K for the year that ended with the quarter on 5 December 2025; the fourth quarter is the year less the first three.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	759	787	830	843	848	858	877	930	927	932	943	1,003	1,018	965	1,002	1,060	1,065	1,024	1,082	1,066
Cost of revenue	257	269	297	291	311	300	294	320	321	308	311	340	341	304	323	368	414	329	346	354
Gross profit	502	518	532	552	537	558	583	610	606	624	631	663	678	660	679	692	651	695	735	712
Gross margin	66%	66%	64%	65%	63%	65%	66%	66%	65%	67%	67%	66%	67%	68%	68%	65%	61%	68%	68%	67%
R&D	25.5	26.2	26.3	28.7	29.1	31.6	32.6	36.5	36.7	39.5	38.9	39.0	37.7	40.7	45.5	44.6	41.4	44.3	42.5	41.6
SG&A	312	319	322	343	358	331	408	375	388	381	380	381	391	388	399	422	419	390	676	401
Operating income	129	131	133	141	104	150	96.3	152	136	153	162	192	198	182	185	176	140	213	-31.0	222
Operating margin	17%	17%	16%	17%	12%	17%	11%	16%	15%	16%	17%	19%	19%	19%	18%	17%	13%	21%	-3%	21%
Interest expense	5.0	6.6	10.8	17.1	22.8	26.1	26.1	26.8	26.3	29.9	28.9	28.5	27.0	26.0	24.2	25.4	24.4	22.4	20.9	21.5
Pre-tax income	122	122	164	117	72.4	122	65.6	119	106	120	130	164	169	153	144	152	117	192	-48.4	202
Tax rate	9%	22%	23%	16%	10%	31%	39%	28%	21%	32%	32%	36%	30%	32%	39%	35%	28%	32%	n/a	-114%
Net income	110	95.3	127	98.4	65.5	84.6	39.8	85.3	84.5	81.2	88.9	105	118	104	87.7	98.3	84.6	131	-77.9	433
Net margin	15%	12%	15%	12%	8%	10%	5%	9%	9%	9%	9%	10%	12%	11%	9%	9%	8%	13%	-7%	41%
Diluted EPS	$0.53	$0.48	$0.64	$0.49	$0.33	$0.42	$0.20	$0.43	$0.42	$0.41	$0.44	$0.52	$0.58	$0.52	$0.44	$0.49	$0.43	$0.66	-$0.40	$2.24
Operating cash flow	174	166	132	264	131	167	124	142	174	123	111	208	268	191	96.2	261	248	261	183	342
Capital expenditure	65.0	57.1	43.4	46.6	94.9	83.0	73.6	90.9	145	118	74.1	89.0	140	89.4	78.1	96.9	98.0	102	86.4	68.7
Free cash flow	110	109	88.4	217	35.8	83.6	50.6	51.6	29.2	4.6	36.9	118	128	101	18.1	164	150	159	96.4	273
Buybacks	0.0	78.5	0.0	0.0	0.0	0.0	0.0	0.0	0.0	n/a	n/a	0.0	n/a	0.0	40.6	52.7	197	92.5	15.5	339
Dividends paid	n/a	n/a	n/a	0.0	n/a	n/a	n/a	0.0	n/a	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	n/a	n/a	n/a
Shares outstanding	197m	197m	197m	197m	197m	198m	198m	198m	198m	199m	199m	199m	200m	200m	200m	199m	196m	195m	195m	190m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 31 October 2025, filed 5 December 2025: the filing.