greeksoup/ stock research
Stock research / United States / WY / Q4 FY2025

Weyerhaeuser (WY) Q4 FY2025 earnings: revenue $1.5 billion, down 9.8% on the year

Weyerhaeuser Co. (WY) reported revenue of $1.5 billion for Q4 FY2025, the quarter ended 31 December 2025, down 9.8% on the same quarter a year earlier. Net income was $74 million, down 8.6% on the year, and diluted earnings per share $0.10. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2026.

Revenue
$1.5 billion
-9.8% on the year · -10.3% on the quarter
Q1 FY2024Q4 FY2025
Operating margin
16.3%
8.3% a year earlier
Q1 FY2024Q4 FY2025
Net income
$74 million
-8.6% on the year · -7.5% on the quarter
Q1 FY2024Q4 FY2025
Diluted EPS
$0.10
-9.1% on the year · -9.1% on the quarter
Q1 FY2024Q4 FY2025

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

What management said

Guidance figures: 4 new.

  • Special items drove reported quarter earnings: Quarter net earnings were $74 million, or 10 cents per diluted share, including after-tax special items. Before those items the company reported a net loss of $67 million, or 9 cents per diluted share.
  • Quarter Adjusted EBITDA declined year on year: Fourth quarter Adjusted EBITDA was $140 million, down from $294 million a year earlier and $217 million in the third quarter. Net sales were $1.5 billion.
  • Full year net sales and earnings: Full year 2025 net sales were $6.9 billion and net earnings were $324 million, or 45 cents per diluted share, against $7.1 billion and $396 million in 2024.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ4 FY2025Q3 FY2025Q4 FY2024On the quarterOn the yearLast 8 quarters
Revenue1,5411,7171,708-10.3%-9.8%
Cost of revenue1,3801,5131,404-8.8%-1.7%
Gross profit161204304-21.1%-47.0%
Gross margin10.4%11.9%17.8%
Research and development1.02.02.0-50.0%-50.0%
Operating income251123141+104.1%+78.0%
Operating margin16.3%7.2%8.3%
Interest expense70.071.066.0-1.4%+6.1%
Pre-tax income23.039.074.0-41.0%-68.9%
Income tax-51.0-41.0-7.0
Effective tax rate-221.7%-105.1%-9.5%
Net income74.080.081.0-7.5%-8.6%
Net margin4.8%4.7%4.7%
Diluted EPS$0.10$0.11$0.11-9.1%-9.1%
$ million except per share.
Read moreFourth 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

$ millionQ4 FY2025Q3 FY2025Q4 FY2024On the quarterOn the yearLast 8 quarters
Operating cash flow-114210218
Capital expenditure14.07.013.0+100.0%+7.7%
Free cash flow-128203205
Free cash flow margin-8.3%11.8%12.0%
Cash from investing254-521-255
Cash from financing-60.0120-178
Depreciation and amortisation129130126-0.8%+2.4%
Share-based compensation11.09.011.0+22.2%0.0%
Buybacks10.025.028.0-60.0%-64.3%
Dividends paid152150145+1.3%+4.8%
Dividend per sharen/a$0.21n/a
Diluted shares, weighted722m722m728m-0.0%-0.8%
Shares outstanding at period end721m721m726m-0.0%-0.7%

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

Balance sheet

$ millionQ4 FY2025Q3 FY2025Q4 FY2024On the quarterOn the yearLast 8 quarters
Shareholders' equity9,4269,4389,721-0.1%-3.0%
Debt5,5725,4705,076+1.9%+9.8%
Operating lease liabilities108n/a121-10.7%
Finance lease liabilities14.0n/a8.0+75.0%
Other liabilities1,4931,7601,610-15.2%-7.3%
Total liabilities and equity16,61316,66816,536-0.3%+0.5%
Fixed assets2,4202,3322,329+3.8%+3.9%
Cash and equivalents464401684+15.7%-32.2%
Receivables303353306-14.2%-1.0%
Inventory593588607+0.9%-2.3%
Other assets12,83312,99412,610-1.2%+1.8%
Total assets16,61316,66816,536-0.3%+0.5%

Questions

What was Weyerhaeuser's revenue in Q4 FY2025?

Weyerhaeuser (WY) reported revenue of $1.5 billion for Q4 FY2025, the quarter ended 31 December 2025, down 9.8% on the same quarter a year earlier.

How much did Weyerhaeuser earn in Q4 FY2025?

Net income for Q4 FY2025 was $74 million, down 8.6% on the year, and diluted earnings per share $0.10.

When did Weyerhaeuser report Q4 FY2025 results?

Weyerhaeuser filed its 10-K for the year that ended with the quarter on 13 February 2026; the fourth quarter is the year less the first three.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue2,2063,1122,9732,2761,8231,8811,9972,0221,7741,7961,9391,6811,7081,7631,8841,7171,5411,7271,8671,862
Cost of revenue1,5011,6471,7891,6941,4341,5121,5281,5201,4321,4411,5351,4311,4041,4281,5591,5131,3801,4091,5561,605
Gross profit7051,4651,184582389369469502342355404250304335325204161318311257
Gross margin32%47%40%26%21%20%23%25%19%20%21%15%18%19%17%12%10%18%17%14%
R&D2.01.02.01.02.02.01.02.02.01.03.01.02.01.01.02.01.01.01.02.0
Operating income6091,3441,04745723223631935327819627078.0141179178123251247223100
Operating margin28%43%35%20%13%13%16%17%16%11%14%5%8%10%9%7%16%14%12%5%
Interest expense77.072.065.067.066.066.070.072.072.067.067.069.066.066.066.071.070.066.066.063.0
Pre-tax income528980972387-34.017325529321613420613.074.099.099.039.023.017114725.0
Tax rate21%21%19%20%n/a13%10%18%-1%15%16%-115%-9%16%12%-105%-222%9%-10%-144%
Net income41677178831011.015123023921911417328.081.083.087.080.074.015616261.0
Net margin19%25%27%14%1%8%12%12%12%6%9%2%5%5%5%5%5%9%9%3%
Diluted EPS$0.55$1.03$1.06$0.42$0.02$0.21$0.31$0.33$0.30$0.16$0.24$0.04$0.11$0.11$0.12$0.11$0.10$0.22$0.23$0.08
Operating cash flow4949571,14656216712649652328812443223421870.0396210-11452.0399193
Capital expenditure16.020.010.08.015.021.012.09.015.022.09.08.013.022.08.07.014.023.08.07.0
Free cash flow4789371,13655415210548451427310242322620548.0388203-12829.0391186
Buybacks74.011814114314134.051.024.022.050.049.027.028.025.010025.010.010.010.010.0
Dividends paid5021,218134133132799139138140248146145145152152150152151152151
Shares outstanding747m745m742m738m733m733m731m730m730m729m728m727m726m726m722m721m721m721m721m720m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* 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 December 2025, filed 13 February 2026: the filing.