Hillman Solutions Corp. (HLMN) Earnings History

Hillman Solutions Corp. - Q4 FY2025 EarningsBeat

Filed at: Feb 17, 2026, 7:32 AM EST|Read from source

EXECUTIVE SUMMARY

Hillman Solutions Corp. reported record full-year net sales and improved profitability for FY2025, driven by strategic management of tariffs and new business wins. The company is confident in its ability to grow both top and bottom lines in FY2026, with a focus on strategic M&A and market share expansion.

POSITIVE HIGHLIGHTS

  • •

    Full Year 2025 Net Sales increased 5.4% to a record $1.55 billion.

    positive
  • •

    Full Year 2025 Net Income totaled $40.3 million, a significant improvement from a net loss of $17.3 million in 2024.

    positive
  • •

    Adjusted EBITDA increased 13.9% to $275.3 million for Full Year 2025.

    positive
  • •

    Net debt decreased to $665.8 million from $674.0 million at December 30, 2024.

    positive

CONCERNS & RISKS

  • •

    Net cash provided by operating activities decreased significantly to $105.2 million in FY2025 compared to $183.3 million in FY2024.

    negative
  • •

    Free Cash Flow decreased to $35.1 million in FY2025 from $98.1 million in FY2024.

    negative
  • •

    Inventories increased by $82.3 million YoY, from $403.7 million to $485.9 million.

    attention
  • •

    Q4 2025 Net Income was $1.6 million, or $0.01 per diluted share, with Adjusted Diluted EPS remaining flat at $0.10 compared to the prior year quarter.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$365.14B
+4.5%
Prior year: $349.56B
Annual (YTD)
$1552.22B
N/A
Prior year: $1472.60B
Net Income
Quarterly
$1.60M
N/A
Prior year: $-1.22M
Annual (YTD)
$40.30M
N/A
Prior year: $17.25M
EPS (Diluted)
Quarterly
$0.01
N/A
Prior year: $-0.01
Operating Income
Quarterly
$16.73B
N/A
EPS (Basic)
Quarterly
$0.01
N/A
Prior year: $-0.01

MARGIN ANALYSIS

Operating Margin
Current Quarter
4.6%
Prior Year
4.0%
YoY Change
+58 bps
Net Margin
Current Quarter
0.4%
YoY Change
N/A

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

MANAGEMENT GUIDANCE

FY2026

Net Sales
$1600000000.0B—$1700000000.0B
Mid-point: $1650000000.0B
"Midpoint reflects 6.3% increase vs 2025"
Adjusted EBITDA
275,000,000,000—285,000,000,000
Mid-point: 280,000,000,000
Free Cash Flow
100,000,000,000—120,000,000,000
Mid-point: 110,000,000,000

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

SPECIAL ITEMS & ADJUSTMENTS

FY2025
Restructuring and other costs
Includes consulting and other costs associated with severance related to distribution center relocations and corporate restructuring activities.
+$4,058M
$0.02 per share
FY2025
Litigation expense
Includes accrual for tentative settlement of a California wage-hour class action / PAGA claim.
+$1,950M
$0.01 per share
FY2025
Transaction and integration expense
Includes professional fees and other costs related to acquisition activity.
+$232M
$0.00 per share
FY2025
Refinancing charges
Related to Repricing Amendment on Senior Term Loan.
+$906M
$0.00 per share
FY2024
Restructuring and other costs
Includes costs associated with the Cybersecurity Incident that occurred in May 2023.
+$2,978M
$0.01 per share
FY2024
Litigation expense
Includes settlement and legal fees paid in association with a dispute with a kiosk development partner.
+$5,000M
$0.03 per share
FY2024
Transaction and integration expense
Includes professional fees and other costs related to acquisition activity.
+$1,243M
$0.01 per share
FY2024
Refinancing charges
Related to Repricing Amendment on Senior Term Loan.
+$3,008M
$0.02 per share
Total Impact
+$19,375M$0.10 per share

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

Successfully managed the dynamic tariff environment while driving record top and bottom line results.

— Hillman Solutions Corp., Q4 FY2025 2025 Earnings Call

The Hillman team did a great job this year taking care of our long standing partners and winning new business.

— Hillman Solutions Corp., Q4 FY2025 2025 Earnings Call

Continued prudent investing into growth opportunities during year, including our MinuteKey 3.5 fleet, which we expect to generate healthy returns on invested capital during 2026 and beyond.

— Hillman Solutions Corp., Q4 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

MinuteKey 3.5 fleet
Investing

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.