Filing Flows › Acco Brands (ACCO) › Q1 2025
Acco Brands (ACCO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Acco Brands (ACCO) reported revenue of $317M for the first quarter 2025 (Q1 2025), -12% from a year earlier and -29% from the quarter before. Operating margin was -2.1%, net loss $13.2M (4.2% of revenue).
Acco Brands, Q1 2025: revenue $317M (-12% year over year), operating margin -2.1%, net loss $13.2M, operating cash flow $5.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $317M | -29% | -12% |
| Operating profit | −$6.7M | — | — |
| Net earnings | −$13.2M | — | — |
| Operating cash flow | $5.5M | -90% | -80% |
| Free cash flow | $3.3M | — | -87% |
What changed
Revenue was $317.4M in Q1 2025, down 12% year over year and down 29% from the previous quarter. Acco Brands Americas was the largest line at 55% of revenue. Acco Brands Americas lost $23.3M year over year (down 12%), 56% of the total change.
Gross margin was 31.4%, up 0.6 points from a year earlier. Operating costs exceeded revenue by $6.7M, an operating margin of -2.1%. Operating expenses grew 2% against a revenue fall of 12%. The fastest-growing cost line was Other operating costs (+32%). The quarter ended with a net loss of $13.2M, after a profit of $20.6M the previous quarter. Net interest and other expense of $9.8M was the main reason.
Operating cash flow was $5.5M (down 80% year over year). Non-cash charges added back $18.0M of depreciation and amortization and $7.8M of share-based compensation. Working capital and other items used $7.1M. After itions to property, plant and equipment ($2.2M), free cash flow as the company reports it was $3.3M.
Questions
What was Acco Brands' revenue in the first quarter 2025?
Acco Brands (ACCO) reported revenue of $317M for the first quarter 2025 (Q1 2025), -12% from a year earlier and -29% from the quarter before.
Was Acco Brands profitable in the first quarter 2025?
Operating loss was $6.7M (-2.1% of revenue) and net loss $13.2M.
Source: Acco Brands 10-Q on SEC EDGAR.