Companies /Consumer Cyclical

Whirlpool Corp

NYSE: WHR Furnishings, Fixtures & Appliances
$39.75
▼ $0.39 (−0.97%) today
Markets closed · 3:13am ET

Q3 2025 Earnings

Reported Oct 27, 2025, 4:15pm ET · SEC source
$2.09
Beat +50.29%
EPS · est. $1.39
$4.0B
Beat +2.74%
Revenue · est. $3.9B
+0.2%
Beating market
WHR vs S&P since report
3 quarters
Consecutive EPS misses

Market Reaction

% change · around the report
0+4%+8%Oct 27Oct 28report 4:15pm ETearnings+0.2%+4.7%
0+4%+8%Oct 27Oct 28earnings+0.2%+4.7%
WHR +4.7%S&P 500 +0.2%
−3%0+3%+6%Oct 27Oct 28report 4:15pm ETearnings+0.7%+4.7%
−3%0+3%+6%Oct 27Oct 28earnings+0.7%+4.7%
WHR +4.7%NASDAQ +0.7%
−4%0+4%+8%Oct 27Nov 4report 4:15pm ETearnings−1.5%−3.1%
−4%0+4%+8%Oct 27Nov 4earnings−1.5%−3.1%
WHR −3.1%S&P 500 −1.5%
−4%0+4%+8%Oct 27Nov 4report 4:15pm ETearnings−1.6%−3.1%
−4%0+4%+8%Oct 27Nov 4earnings−1.6%−3.1%
WHR −3.1%NASDAQ −1.6%
+5.15%
Day of report
−3.89%
Next session
−9.13%
One week
−0.30%
30 days

S&P 500 over the same 30 days: −0.53%.

Did WHR Beat Earnings? Q3 2025 Results

Whirlpool posted a stronger-than-expected Q3 2025, delivering ongoing EPS of $2.09 against a consensus estimate of $1.39, a beat of 50.29%, even as the broader picture remained pressured by tariff-driven headwinds and competitive inventory pre-loading by Asian manufacturers that weighed heavily on margins. Revenue edged up 1.0% year-over-year to $4.03 billion, clearing the $3.93 billion consensus by 2.74%, with North America the primary engine, as MDA North America grew net sales 2.8% to $2.72 billion on share gains and new product traction. Still, the tariff environment extracted a real cost, compressing ongoing EBIT margin to 4.5% from 5.8% a year earlier, and <a href="https://247wallst.com/investing/2025/10/27/whirlpool-stocks-drops-after-q3-earnings/">the stock fell sharply</a> following results, with the company also cutting its quarterly dividend to $0.90 per share. Looking ahead, management guided full-year 2025 net sales to approximately $15.80 billion, with ongoing EPS of approximately $7.00, while trimming free cash flow expectations to roughly $200 million as tariff impacts are expected to intensify into 2026.

Key Takeaways
  • Strong share gains in North America driven by new product traction
  • Structural cost takeout of approximately $50 million (100 basis points) in Q3
  • SDA Global grew 9.5% excluding currency driven by new product launches and direct-to-consumer growth
  • Non-cash loss of $14 million from Beko Europe B.V. equity investment reduced EPS by $0.24
  • Inventory pre-loading by Asian competitors pressured MDA North America margins
  • Negative macro environment in Argentina impacted MDA Latin America

“I am pleased by the progress in North America, delivering share gains and flooring expansion as we execute a record year of new product launches. The core fundamentals of our business remain strong and we are confident that the newly announced investment in our U.S.-based laundry facilities will continue to fuel our future growth.”

Whirlpool CEO, on the earnings call

Forward Guidance & Outlook

For full-year 2025, Whirlpool expects net sales of approximately $15.8 billion, approximately flat on a like-for-like basis. The company narrowed its EPS outlook to GAAP earnings per diluted share of approximately $6.00 and ongoing earnings per diluted share of approximately $7.00. Full-year ongoing EBIT margin is guided to approximately 5.0%. Cash provided by operating activities was revised to approximately $600 million and free cash flow to approximately $200 million. Structural cost takeout is expected to deliver approximately $200 million. The company anticipates price/mix to favorably impact EBIT margin as new product launches continue. The 2025 GAAP tax rate is expected to be approximately 8.8% and the adjusted tax rate approximately 8%, reflecting benefits from the 'One Big Beautiful Bill Act' enacted in July 2025.

WHR YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$2.0B$4.0B$4.0B$4.0BRevenue$632.0M$594.0MGross Profit$237.0M$206.0MOperating Income$109.0M$73.0MNet Income
$0$2.0B$4.0BRevenueGross ProfitOperating IncomeNet Income

WHR Revenue by Segment

MDA North America$2.7B+2.8%
MDA Latin America$802.0M−5.2%
SDA Global$288.0M+10.5%

Figures from SEC filings and company reports. Not investment advice.