<span item_type="fundamental" item_id="3807b7e2ad3cbab39050ee920fe3bf4d" counter_id="ST/US/WSO.B" env="prod"></span><span item_type="announcement" item_id="576853782058306561" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 2.067 B.</p><p>EPS: As of FY2025 Q3, the actual value is USD 3.98.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 234.76 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Revenues for the third quarter decreased by 4% to $2.07 billion, and for the nine-month period, revenues decreased by 3% to $5.66 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/105016/000119312525254667/wso-ex99_pressrelease.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Gross profit for the third quarter was $569 million, flat compared to last year, with a gross profit margin expansion of 130 basis points to 27.5%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/105016/000119312525254667/wso-ex99_pressrelease.htm"></span></li><li>Operating income for the third quarter decreased by 6% to $235 million, with an operating margin of 11.4% compared to 11.6% last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/105016/000119312525254667/wso-ex99_pressrelease.htm"></span></li><li>Net income for the third quarter was $189.2 million, down from $201.6 million in the previous year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/105016/000119312525254667/wso-ex99_pressrelease.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Operating cash flow was $170 million for the nine months ended September 30, 2025, with a record $355 million for the third quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/105016/000119312525254667/wso-ex99_pressrelease.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>E-commerce sales totaled approximately $2.5 billion for the twelve-month period ended September 30, 2025, comprising 34% of the Company’s overall sales.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/105016/000119312525254667/wso-ex99_pressrelease.htm"></span></li><li>The gross merchandise value of products sold through OnCallAir® was approximately $1.72 billion for the twelve-month period ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/105016/000119312525254667/wso-ex99_pressrelease.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Watsco anticipates improvements in operating efficiency in 2026 as the incremental costs associated with the A2L product transition are not expected to recur. The company is targeting further inventory reductions in the fourth quarter and expects more conventional working capital trends going forward, which should enhance returns on invested capital.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/105016/000119312525254667/wso-ex99_pressrelease.htm"></span></li></ul>

Watsco - B | 8-K: FY2025 Q3 Revenue: USD 2.067 B