NASDAQ$ODP

The ODP Corporation · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

The ODP Corporation reported Q1 2025 sales of $1.70B with a net loss of $29M and diluted EPS of $(0.97).

Sales were $1.70 billion as the workplace solutions footprint faced softer demand. The company reported a net loss of $29 million from continuing operations; diluted EPS was $(0.97). Restructuring and merger-related costs weighed on operating income.

  • Q1 sales $1.70B.
  • Net loss from continuing ops $29M; diluted EPS $(0.97).
  • Restructuring and asset impairments pressured margins.
  • Workplace demand and integration costs remain key variables.

Headline financials

Total Revenue

$1.7B

Previous: $1.87B-9.2%
EPS (adj)

-$0.97

Previous: $1.05-192.4%
Adjusted EBITDA

$76M

Previous: $91M-16.5%
Adjusted Operating Income

$54M

Previous: $66M-18.2%
Sales Change from Prior Year

-9.0%

No prior period
Operating Cash Flow

$57M

Previous: $44M+29.5%
Adjusted Free Cash Flow

$45M

Previous: $17M+164.7%
Total Available Liquidity

$653M

No prior period
Total Debt

$262M

No prior period
Office Depot Div. Op. Income % Sales

5.0%

Previous: 5.0%+0.0%
Office Depot Div. Comp. Store Sales Change

-5.0%

Previous: -10.0%+50.0%
Capital Expenditures

-$21M

Previous: -$35M+40.0%
Net Income

-$29M

Previous: $15M-293.3%
Operating Income

-$32M

Previous: $18M-277.8%
Gross Profit

$360M

Previous: $410M-12.2%

Revenue & EPS history

ODP · Revenue · Quarterly

$1.7B

Q1 2025-9.2%vs Q1 2024
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

ODP · $1.1B total across 2 segments · Q4 2022

  • Office Depot Division
    $1.09B
  • Veyer Division
    $10M

Forward guidance

Management emphasizes path to profitability, liquidity, and cost discipline.

Tailwinds

  • Operating initiatives and strategic partnerships.
  • Cash runway and restructuring where applicable.

Headwinds

  • Operating losses and financing needs.
  • Macro and competitive uncertainty.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.1%

Avg return

Earnings day

-2.0%

Avg return

5 days after

-1.4%

Avg return

30 days after

48%

32 / 67 earnings

Positive

+27.8%

Q3 2014

Best reaction

-31.0%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+0.1%+0.2%+0.6%
Q2 2025+9.3%+3.6%+26.4%
Q1 2025+1.0%+40.0%+30.1%
Q4 2024-21.7%-24.9%-24.7%
Q3 2024-10.9%-13.6%-16.6%
Q2 2024-31.0%-31.8%-25.6%
Q1 2024-16.8%-19.5%-25.8%
Q4 2023+6.6%+1.2%+0.1%
Q3 2023-7.0%-1.3%-1.1%
Q2 2023+5.8%+0.2%-0.5%
Q1 2023-0.2%+0.7%+4.3%
Q4 2022+13.5%+7.8%-0.6%
Q3 2022+1.2%+2.8%+21.1%
Q2 2022+0.5%+2.2%-2.4%
Q1 2022+3.8%-2.0%-14.0%
Q4 2021+3.7%+2.4%+6.9%
Q3 2021-1.3%
Q2 2021-4.9%
Q1 2021+4.7%
Q4 2020-12.9%
Q3 2020+15.4%
Q2 2020-10.6%
Q1 2020+8.6%
Q4 2019-3.0%
Q3 2019+16.0%
Q2 2019-5.1%
Q1 2019-6.7%
Q4 2018+6.1%
Q3 2018+22.5%
Q2 2018+20.2%
Q1 2018-3.0%
Q4 2017-16.9%
Q3 2017+8.6%
Q2 2017-27.2%
Q1 2017+1.6%
Q4 2016+15.6%
Q3 2016+17.4%
Q2 2016+6.7%
Q1 2016-1.3%
Q4 2015-3.4%
Q3 2015+0.4%
Q2 2015-0.8%
Q1 2015-2.0%
Q4 2014-1.1%
Q3 2014+27.8%
Q2 2014-3.3%
Q1 2014+19.9%
Q4 2013-6.7%
Q3 2013-6.5%
Q2 2013+1.4%
Q1 2013+1.1%
Q4 2012-20.7%
Q3 2012+14.7%
Q2 2012-6.3%
Q1 2012-12.2%
Q4 2010+9.3%
Q4 2011+9.3%
Q3 2011-8.7%
Q2 2011+8.5%
Q1 2010+8.2%
Q1 2011-2.9%
Q4 2008+0.0%
Q3 2010-1.5%
Q3 2009-1.5%
Q4 2009-8.0%
Q2 2009-8.0%
Q2 2010-8.0%

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