Filing Flows › Amcor (AMCR) › Q2 2025
Amcor (AMCR) Q2 2025 earnings results (second quarter 2025)
10-K filed Aug 15, 2025
Amcor (AMCR) reported revenue of $5.1B for the second quarter 2025 (Q2 2025), +44% from a year earlier and +52% from the quarter before. Operating margin was 1.7%, net loss $39.0M (0.8% of revenue).
Amcor, Q2 2025: revenue $5.1B (+44% year over year), operating margin 1.7%, net loss $39.0M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1B | +52% | +44% |
| Operating profit | $87.0M | -72% | — |
| Net earnings | −$39.0M | -120% | — |
| Operating cash flow | $1.1B | +852% | +18% |
| Free cash flow | $894M | — | +11% |
What changed
Revenue was $5.1B in Q2 2025, up 44% year over year and up 52% from the previous quarter. Global Flexible Packaging Solutions was the largest line at 63% of revenue.
Gross margin was 17.6%, down 3.7 points from a year earlier. Operating profit was $0.09B, a 1.7% margin (down 9.5 points year over year). Operating profit fell $0.31B even though revenue rose $1.5B versus a year earlier, so costs grew faster than sales. Operating expenses grew 125% against revenue growth of 44%. The fastest-growing cost line was Other operating costs (+180%). The quarter ended with a net loss of $0.04B, after a profit of $0.20B the previous quarter. Net interest and other expense of $0.13B was the main reason.
Operating cash flow was $1.1B (up 18% year over year). Non-cash charges added back $0.32B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.79B. Capital expenditures of $0.22B left free cash flow of $0.89B.
Questions
What was Amcor's revenue in the second quarter 2025?
Amcor (AMCR) reported revenue of $5.1B for the second quarter 2025 (Q2 2025), +44% from a year earlier and +52% from the quarter before.
Was Amcor profitable in the second quarter 2025?
Operating profit was $87.0M (1.7% of revenue) and net loss $39.0M.
Source: Amcor 10-K on SEC EDGAR.