Filing Flows › Alexanders (ALX) › Q1 2025
Alexanders (ALX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 5, 2025
Alexanders (ALX) reported revenue of $54.9M for the first quarter 2025 (Q1 2025), -11% from a year earlier and -2% from the quarter before. Operating margin was 22.4%, net earnings $12.3M (22.4% of revenue).
Alexanders, Q1 2025: revenue $54.9M (-11% year over year), operating margin 22.4%, net earnings $12.3M, operating cash flow $15.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.9M | -2% | -11% |
| Operating profit | $12.3M | +0.3% | -24% |
| Net earnings | $12.3M | +0.3% | -24% |
| Operating cash flow | $15.7M | -49% | -7% |
What changed
Revenue was $54.9M in Q1 2025, down 11% year over year and down 2% from the previous quarter.
Operating profit was $12.3M, a 22.4% margin (down 3.8 points year over year). Total costs fell 6% while revenue fell 11%. Net earnings were $12.3M, down 24% year over year. The effective tax rate was 0.0%.
Operating cash flow was $15.7M (down 7% year over year), 128% of net earnings. Non-cash charges added back $9.4M of depreciation and amortization. Working capital and other items used $6.0M.
Questions
What was Alexanders' revenue in the first quarter 2025?
Alexanders (ALX) reported revenue of $54.9M for the first quarter 2025 (Q1 2025), -11% from a year earlier and -2% from the quarter before.
Was Alexanders profitable in the first quarter 2025?
Operating profit was $12.3M (22.4% of revenue) and net earnings $12.3M.
Source: Alexanders 10-Q on SEC EDGAR.