Spectrum Brands Holdings, Inc. (SPB) Q4 2025 10-Q Quarterly Report

Filed: Feb 5, 2026Period ending Dec 28, 2025
Information Technology
Miscellaneous Electrical Machinery, Equipment & SuppliesSEC EDGAR

Spectrum Brands Holdings, Inc. (SPB) 10-Q quarterly report for Q4 2025, filed with SEC EDGAR on Feb 5, 2026 for the fiscal period ending Dec 28, 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.

Spectrum Brands Holdings, Inc. Q4 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $677.0M, down 3.3% YoY from $700.2M, with GPC up 8.3% ($21.6M), H&G down 19.8% ($18.2M), HPC down 7.6% ($26.6M)
  • Gross profit $241.6M, down 6.3% YoY, gross margin 35.7% vs 36.8% YoY, 110 bps decline due to higher tariff and inflation costs partially offset by pricing
  • Best segment GPC revenue up 8.3%, adjusted EBITDA margin 17.4% down 240 bps; worst segment H&G revenue down 19.8%, adjusted EBITDA margin 6.1% down 400 bps
  • Operating cash flow turned positive $67.7M vs negative $(71.9)M in prior year quarter; capital expenditures increased to $(8.1)M; financing outflows decreased to $(57.6)M
  • Management notes ongoing tariff impact, supply chain diversification, and inflation; expects sufficient cash flow and credit availability for next 12 months; cautious on timing of HPC separation and macroeconomic uncertainties

Risk Factors

  • No newly added risk factors disclosed this quarter; risk section focuses on non-GAAP financial measures and reconciliations
  • Most materially updated risk: ongoing global ERP transformation costs extended including HPC segment deployment through calendar 2026
  • Legal risk: litigation costs related to Tristar Business acquisition from Fiscal 2023 continuing until resolution, impacting operating expenses
  • Operational risk: exposure to strategic separation initiatives and distribution center transitions causing non-recurring project and severance costs
  • Financial risk: adjusted EBITDA margin declined to 9.2% from 11.1% despite net income rise, reflecting margin pressure and cost increases

Spectrum Brands Holdings, Inc. Q4 2025 Quarterly Financials
XBRL

Revenue

$677M

-3.3% YoY

Net Income

$28M

+20.9% YoY

Gross Margin

35.7%

-113bp YoY

Operating Margin

4.0%

-238bp YoY

Net Margin

4.2%

+84bp YoY

ROE

1.5%

+34bp YoY

Total Assets

$3.4B

-5.3% YoY

EPS (Diluted)

$1.21

+44.0% YoY

Operating Cash Flow

$67M

+193.1% YoY

Source: XBRL data from Spectrum Brands Holdings, Inc. Q4 2025 10-Q filing on SEC EDGAR. All figures in USD.

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