The QQ4 2025 results for The Hain Celestial Group present a two-tier picture: solid near-term operating performance but a severely negative bottom line driven by substantial non-operating charges. Revenue declined 13.2% year over year to $363.3 million and fell 6.9% sequentially, while gross margins remained around 20% (gross profit of $72.95 million on $363.35 million revenue). Operating income was a modest $5.64 million, yielding an operating margin of 1.55%, but EBITDA collapsed to negative $242.69 million. The vast majority of the net loss (net income of -$272.62 million, EPS -$3.06) is attributable to total other income/expenses net of -$268.70 million, supplemented by significant non-cash items (other non-cash items of $248.60 million), which together overwhelm the positive operating result. This suggests the quarter was affected by one-time or non-operational charges rather than a deterioration in core operating momentum.
From a liquidity and cash-flow perspective, the company ended the quarter with $54.36 million of cash and cash equivalents and a net debt position of $18.58 million. Operating cash flow was negative at $2.65 million, and free cash flow was negative at $8.87 million, with capital expenditures of $6.22 million. The balance sheet remains reasonably leveraged but with modest debt levels: total assets of $1.603 billion, total liabilities of $1.128 billion, and stockholders’ equity of $475 million. These dynamics imply that near-term earnings soundness is improving in operating terms, but liquidity and cash-generation require attention if non-operating headwinds persist.
Overall, the QQ4 2025 print signals a mixed risk-reward: the market should focus on whether management can stabilize or reduce non-operating charges, expand high-margin core products, and convert operating profitability into sustained free cash flow. Absent further clarity on recurring drivers of the non-operating items, the stock faces meaningful risk around earnings visibility even as the brand franchise and international reach provide structural upside potential.