Filing Flows › Alta Equipment Group (ALTG) › Q1 2025
Alta Equipment Group (ALTG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Alta Equipment Group (ALTG) reported revenue of $423M for the first quarter 2025 (Q1 2025), -4% from a year earlier and -15% from the quarter before. Operating margin was 0.2%, net loss $20.9M (4.9% of revenue).
Alta Equipment Group, Q1 2025: revenue $423M (-4% year over year), operating margin 0.2%, net loss $20.9M, operating cash flow −$17.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $423M | -15% | -4% |
| Operating profit | $800K | -67% | — |
| Net earnings | −$20.9M | — | — |
| Operating cash flow | −$17.5M | -150% | — |
What changed
Revenue was $423.0M in Q1 2025, down 4% year over year and down 15% from the previous quarter. New and Used Equipment Sales was the largest line at 52% of revenue. New and Used Equipment Sales lost $6.9M year over year (down 3%), 37% of the total change.
Gross margin was 27.2%, down 0.1 points from a year earlier. Operating profit was $800K, a 0.2% margin (up 0.4 points year over year). Operating expenses fell 6% while revenue fell 4%. The quarter ended with a net loss of $20.9M, wider than the previous quarter's $10.6M loss. Net interest and other expense of $21.0M was the main reason.
Operating cash flow was −$17.5M. Non-cash charges added back $32.4M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $30.1M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$19.2M.
Questions
What was Alta Equipment Group's revenue in the first quarter 2025?
Alta Equipment Group (ALTG) reported revenue of $423M for the first quarter 2025 (Q1 2025), -4% from a year earlier and -15% from the quarter before.
Was Alta Equipment Group profitable in the first quarter 2025?
Operating profit was $800K (0.2% of revenue) and net loss $20.9M.