The ODP Corporation (ODP) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 1.63B | 1.59B | 1.7B | 1.62B | 1.78B | 1.72B | 1.87B | 1.81B | 2.01B | 1.91B | 2.11B | 2.11B | 2.17B | 2.03B | 2.18B | 2.04B | 2.18B | 2.07B | 2.17B | 2.29B |
| Revenue Growth % | -8.71% | -7.63% | -9.1% | -10.13% | -11.31% | -9.96% | -11.34% | -14.24% | -7.6% | -6.24% | -3.21% | 3.13% | -0.32% | -1.74% | 0.18% | -10.75% | -7.16% | -4.08% | -20.22% | -8.77% |
| Cost of Goods Sold | 1.29B | 1.28B | 1.34B | 1.29B | 1.42B | 1.38B | 1.46B | 1.41B | 1.53B | 1.49B | 1.63B | 1.66B | 1.69B | 1.6B | 1.69B | 1.61B | 1.68B | 1.64B | 1.68B | 1.79B |
| COGS % of Revenue | 79.63% | 80.45% | 78.81% | 79.67% | 79.55% | 80.08% | 78.17% | 78.07% | 76.48% | 78.29% | 77.18% | 78.82% | 77.62% | 78.81% | 77.78% | 78.84% | 76.87% | 79.13% | 77.23% | 78.28% |
| Gross Profit | 331M | 310M | 360M | 330M | 364M | 342M | 408M | 396M | 472M | 414M | 481M | 446M | 486M | 431M | 484M | 432M | 504M | 432M | 495M | 497M |
| Gross Margin % | 20.37% | 19.55% | 21.19% | 20.33% | 20.45% | 19.92% | 21.83% | 21.93% | 23.52% | 21.71% | 22.82% | 21.18% | 22.38% | 21.19% | 22.22% | 21.16% | 23.13% | 20.87% | 22.77% | 21.72% |
| Gross Profit Growth % | -9.07% | -9.36% | -11.76% | -16.67% | -22.88% | -17.39% | -15.18% | -11.21% | -2.88% | -3.94% | -0.62% | 3.24% | -3.57% | -0.23% | -2.22% | -13.08% | -7.86% | 3.85% | -21.3% | -12.96% |
| Operating Expenses | 297M | 301M | 392M | 310M | 262M | 309M | 367M | 427M | 364M | 354M | 386M | 391M | 402M | 403M | 408M | 401M | 400M | 402M | 426M | 476M |
| OpEx % of Revenue | 18.28% | 18.98% | 23.07% | 19.1% | 14.72% | 18% | 19.64% | 23.64% | 18.14% | 18.56% | 18.31% | 18.57% | 18.51% | 19.81% | 18.73% | 19.64% | 18.36% | 19.42% | 19.6% | 20.8% |
| Selling, General & Admin | 293M | 285M | 306M | 298M | 323M | 309M | 341M | 353M | 360M | 347M | 382M | 395M | 405M | 400M | 405M | 422M | 392M | 403M | 402M | 454M |
| SG&A % of Revenue | 18.03% | 17.97% | 18.01% | 18.36% | 18.15% | 18% | 18.25% | 19.55% | 17.94% | 18.2% | 18.12% | 18.76% | 18.65% | 19.67% | 18.59% | 20.67% | 17.99% | 19.47% | 18.49% | 19.84% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | -1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K |
| Operating Income | 34M | 9M | -32M | 20M | 102M | 33M | 41M | -31M | 108M | 60M | 95M | 55M | 84M | 28M | 76M | 31M | 104M | 30M | 69M | 21M |
| Operating Margin % | 2.09% | 0.57% | -1.88% | 1.23% | 5.73% | 1.92% | 2.19% | -1.72% | 5.38% | 3.15% | 4.51% | 2.61% | 3.87% | 1.38% | 3.49% | 1.52% | 4.77% | 1.45% | 3.17% | 0.92% |
| Operating Income Growth % | -66.67% | -72.73% | -178.05% | 164.52% | -5.56% | -45% | -56.84% | -156.36% | 28.57% | 114.29% | 25% | 77.42% | -19.23% | -6.67% | 10.14% | 47.62% | 1.96% | 106.58% | -13.75% | -71.62% |
| EBITDA | 57M | 38M | -5M | 44M | 126M | 57M | 66M | -3M | 133M | 80M | 125M | 86M | 116M | 62M | 110M | 67M | 140M | 66M | 107M | 67M |
| EBITDA Margin % | 3.51% | 2.4% | -0.29% | 2.71% | 7.08% | 3.32% | 3.53% | -0.17% | 6.63% | 4.2% | 5.93% | 4.08% | 5.34% | 3.05% | 5.05% | 3.28% | 6.42% | 3.19% | 4.92% | 2.93% |
| EBITDA Growth % | -54.76% | -33.33% | -107.58% | 1566.67% | -5.26% | -28.75% | -47.2% | -103.49% | 14.66% | 29.03% | 13.64% | 28.36% | -17.14% | -6.06% | 2.8% | 0% | 12.9% | 116.18% | -17.05% | -45.97% |
| D&A (Non-Cash Add-back) | 23M | 29M | 27M | 24M | 24M | 24M | 25M | 28M | 25M | 20M | 30M | 31M | 32M | 34M | 34M | 36M | 36M | 36M | 38M | 46M |
| EBIT | 37M | 8M | -32M | 23M | 101M | 1M | 44M | -27M | 114M | 65M | 99M | 58M | 90M | 32M | 79M | 37M | 107M | 35M | 80M | 22M |
| Net Interest Income | -3M | -3M | -5M | -5M | -4M | -3M | -2M | -2M | -2M | -3M | -3M | -4M | 0 | -3M | -4M | -7M | -7M | -6M | -7M | -6M |
| Interest Income | 3M | 3M | 2M | 2M | 2M | 2M | 3M | 3M | 3M | 2M | 2M | 2M | 1M | 1M | 1M | 1M | 0 | 0 | 0 | 1M |
| Interest Expense | 6M | 6M | 7M | 7M | 6M | 5M | 5M | 5M | 5M | 5M | 5M | 6M | 1M | 4M | 5M | 8M | 7M | 6M | 7M | 7M |
| Other Income/Expense | -3M | -7M | -7M | -4M | -7M | -37M | -2M | -1M | 1M | 0 | -1M | -3M | 5M | 0 | -2M | -2M | -4M | -1M | 4M | -6M |
| Pretax Income | 31M | 2M | -39M | 16M | 95M | -4M | 39M | -32M | 109M | 60M | 94M | 52M | 89M | 28M | 74M | 29M | 100M | 29M | 73M | 15M |
| Pretax Margin % | 1.91% | 0.13% | -2.3% | 0.99% | 5.34% | -0.23% | 2.09% | -1.77% | 5.43% | 3.15% | 4.46% | 2.47% | 4.1% | 1.38% | 3.4% | 1.42% | 4.59% | 1.4% | 3.36% | 0.66% |
| Income Tax | 8M | 2M | -10M | 5M | 27M | 0 | 8M | 5M | 27M | 17M | 22M | 16M | 22M | 8M | 19M | -3M | 27M | 9M | 10M | -3M |
| Effective Tax Rate % | 25.81% | 100% | 25.64% | 31.25% | 28.42% | 0% | 20.51% | -15.63% | 24.77% | 28.33% | 23.4% | 30.77% | 24.72% | 28.57% | 25.68% | -10.34% | 27% | 31.03% | 13.7% | -20% |
| Net Income | 23M | 0 | -29M | -3M | 58M | -73M | 15M | -37M | 70M | 34M | 72M | 17M | 67M | 27M | 55M | -274M | 101M | -88M | 53M | 18M |
| Net Margin % | 1.42% | - | -1.71% | -0.18% | 3.26% | -4.25% | 0.8% | -2.05% | 3.49% | 1.78% | 3.42% | 0.81% | 3.08% | 1.33% | 2.53% | -13.42% | 4.64% | -4.25% | 2.44% | 0.79% |
| Net Income Growth % | -60.34% | 100% | -293.33% | 91.89% | -17.14% | -314.71% | -79.17% | -317.65% | 4.48% | 25.93% | 30.91% | 106.2% | -33.66% | 130.68% | 3.77% | -1622.22% | 77.19% | 79.95% | 17.78% | -67.27% |
| Net Income (Continuing) | 23M | 0 | -29M | 11M | 68M | -4M | 31M | -37M | 82M | 43M | 72M | 36M | 67M | 20M | 55M | 32M | 73M | 20M | 63M | 18M |
| Discontinued Operations | 0 | 0 | 0 | -1000K | -1000K | -1000K | -1000K | 0 | -1000K | -1000K | 0 | -1000K | 0 | 1000K | 0 | -1000K | 1000K | -1000K | -1000K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.77 | 0.00 | -0.97 | -0.09 | 1.76 | -2.09 | 0.39 | -0.99 | 1.79 | 0.87 | 1.71 | 0.38 | 1.35 | 0.54 | 1.08 | -5.44 | 1.85 | -1.57 | 0.95 | 0.34 |
| EPS Growth % | -56.25% | 100% | -348.72% | 90.82% | -1.68% | -340.23% | -77.19% | -360.53% | 32.59% | 61.11% | 58.33% | 106.99% | -27.03% | 134.39% | 13.68% | -1700% | 77.88% | 80.69% | 13.1% | -66% |
| EPS (Basic) | 0.77 | 0.00 | -0.97 | -0.09 | 1.76 | -2.09 | 0.41 | -0.99 | 1.84 | 0.89 | 1.80 | 0.38 | 1.38 | 0.55 | 1.12 | -5.44 | 1.92 | -1.63 | 0.99 | 0.35 |
| Diluted Shares Outstanding | 30M | 30M | 30M | 33M | 33M | 35M | 38M | 37.37M | 39M | 39M | 42M | 44.74M | 49M | 50M | 51M | 50.37M | 55M | 56M | 56M | 52.94M |
| Basic Shares Outstanding | 30M | 30M | 30M | 33M | 33M | 35M | 37M | 37.37M | 38M | 38M | 40M | 44.74M | 48M | 49M | 49M | 50.37M | 53M | 54M | 53M | 51.43M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |