Filing Flows › Amrize (AMRZ) › Q2 2025
Amrize (AMRZ) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Amrize (AMRZ) reported revenue of $3.2B for the second quarter 2025 (Q2 2025), -0.8% from a year earlier and +54% from the quarter before. Operating margin was 20.4%, net earnings $416M (12.9% of revenue).
Amrize, Q2 2025: revenue $3.2B (-0.8% year over year), operating margin 20.4%, net earnings $416M, operating cash flow $406M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | +54% | -0.8% |
| Gross profit | $941M | +324% | -4% |
| Operating profit | $657M | — | -13% |
| Net earnings | $416M | — | -12% |
| Operating cash flow | $406M | — | — |
| Free cash flow | $171M | — | — |
What changed
Revenue was $3.2B in Q2 2025, down 1% year over year and up 54% from the previous quarter.
Gross margin was 29.2%, down 0.9 points from a year earlier. Operating profit was $0.66B, a 20.4% margin (down 2.8 points year over year). Operating expenses grew 26% against a revenue fall of 1%. Net earnings were $0.42B, down 12% year over year. The effective tax rate was 22.7%.
Operating cash flow was $0.41B, 98% of net earnings. Non-cash charges added back $0.19B of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $0.20B. Capital expenditures of $0.23B left free cash flow of $0.17B.
Questions
What was Amrize's revenue in the second quarter 2025?
Amrize (AMRZ) reported revenue of $3.2B for the second quarter 2025 (Q2 2025), -0.8% from a year earlier and +54% from the quarter before.
Was Amrize profitable in the second quarter 2025?
Operating profit was $657M (20.4% of revenue) and net earnings $416M.
Source: Amrize 10-Q on SEC EDGAR.