Method for profiling a finishing tool, in particular a grinding worm, having a first and a second finishing flank; the method providing the steps of: arranging a cutting portion of a profiling tool in contact with the first flank of the thread; causing the cutting portion to slide in contact with the first flank of the thread so as to profile it; removing the cutting portion from the thread; automatically rotating the profiling tool so as to arrange the cutting portion in contact with a second flank of the thread; and causing the cutting portion to slide in contact with the second flank of the thread so as to profile it.