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Sep 30
JBT Q3 2025 Earnings Report
JBT Marel Corporation reported its third quarter 2025 results, exceeding earnings expectations and raising full-year 2025 guidance.
Key Takeaways
JBT Marel Corporation delivered strong third-quarter 2025 results, surpassing revenue and margin expectations due to higher book and ship revenue, improved backlog conversion, and accelerated synergy savings. The company achieved $1.0 billion in revenue, $67 million in net income, and $171 million in adjusted EBITDA, leading to a raised full-year 2025 guidance.
Achieved quarterly orders of $946 million and a quarter-ending backlog of $1.3 billion, indicating strong demand.
Reported total revenue of $1.0 billion, with 49% generated from recurring revenue, highlighting a stable revenue base.
Income from continuing operations reached $67 million, and adjusted EBITDA was $171 million, demonstrating robust profitability.
Realized $14 million in year-over-year synergy savings, contributing to improved financial performance and operational efficiency.
JBT
JBT
JBT Revenue by Segment
Revenue by Segment
JBT Segment Revenue
CapyFin.comMarel Segment Revenue
CapyFin.com Forward Guidance
JBT Marel Corporation has raised its full-year 2025 guidance for revenue, adjusted EBITDA margin, and adjusted EPS, reflecting confidence in continued strong performance.
Positive Outlook
- Full year 2025 revenue guidance raised to $3,760 million - $3,790 million.
- Adjusted EBITDA margin guidance increased to 15.75% - 16.0% for full year 2025.
- Adjusted EPS guidance raised to $6.10 - $6.40 for full year 2025.
- Expected to achieve in-year realized synergy savings of $40 million - $45 million.
- Maintaining annualized run rate synergy savings forecast of $80 million - $90 million exiting 2025.
Challenges Ahead
- Full year 2025 income from continuing operations margin is projected to be negative, ranging from (1.5%) to (1.0%).
- GAAP EPS for full year 2025 is expected to be negative, ranging from ($1.05) to ($0.75).
- Anticipated to incur approximately $28 million in restructuring costs for the full year 2025.
- Expected M&A related costs of approximately $105 million for the full year 2025.
- Forecasted acquisition related amortization and depreciation of approximately $180 million for the full year 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income