Charles River Laboratories (CRL) Q3 2025 10-Q Quarterly Report

Filed: Nov 5, 2025Period ending Sep 27, 2025
Industrials
Services-Commercial Physical & Biological ResearchSEC EDGAR

Charles River Laboratories (CRL) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 5, 2025 for the fiscal period ending Sep 27, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Charles River Laboratories Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Q3 revenue $1,004.9M, down 0.5% YoY from $1,009.8M; nine months revenue $3,021.2M, down 0.9% YoY from $3,047.4M
  • Operating margin Q3 13.3% vs 11.6% YoY (up 170 bps); nine months margin 10.2% vs 13.0% YoY (down 280 bps)
  • Best segment Q3: RMS revenue up 7.9% to $213.5M, operating margin 16.2% vs 13.9% YoY; worst segment Manufacturing nine months operating margin 7.6% vs 19.3% YoY (down 1,170 bps)
  • Operating cash flow nine months $590.1M, up from $575.2M YoY; capital expenditures down to $130.2M from $157.4M YoY
  • Management cites cautious client spending, DSA backlog decline, ongoing restructuring with $175M cost savings in 2025, $70M incremental savings in 2026 expected, SEC investigation ongoing, and strategic focus on acquisitions and divestitures

Risk Factors

  • No newly added risk factors this quarter; most risks carry forward from 2024 10-K without material changes
  • Most materially updated risk: Impact of U.S.-imposed tariffs on imports from Vietnam, Mauritius, China, still uncertain and affecting supply chain costs
  • Regulatory risk: FDA plans to reduce animal testing in preclinical studies using NAMs, potentially impacting demand for traditional animal research services
  • Operational risk: Lower-than-expected demand growth in 2024, leading to global restructuring actions and efficiency initiatives targeting $70M annual net cost savings
  • Financial risk: Strategic review underway with focus on acquisitions, divestitures, and capital deployment amid potential stock price volatility and business disruption

Charles River Laboratories Q3 2025 Quarterly Financials
XBRL

Revenue

$1.0B

-0.5% YoY -2.6% QoQ

Net Income

$54M

-21.9% YoY +4.0% QoQ

Net Margin

5.4%

-148bp YoY +35bp QoQ

Source: XBRL data from Charles River Laboratories Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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