Filing Flows › Andersons (ANDE) › Q1 2025
Andersons (ANDE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Andersons (ANDE) reported revenue of $2.7B for the first quarter 2025 (Q1 2025), -2% from a year earlier and -15% from the quarter before. Operating margin was 0.1%, net earnings $5.3M (0.2% of revenue).
Andersons, Q1 2025: revenue $2.7B (-2% year over year), operating margin 0.1%, net earnings $5.3M, operating cash flow −$350M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | -15% | -2% |
| Gross profit | $153M | -28% | +19% |
| Operating profit | $3.2M | -95% | -77% |
| Net earnings | $5.3M | -90% | -58% |
| Operating cash flow | −$350M | — | — |
What changed
Revenue was $2.7B in Q1 2025, down 2% year over year and down 15% from the previous quarter.
Gross margin was 5.7%, up 1.0 points from a year earlier. Operating profit was $3.2M, a 0.1% margin (down 0.4 points year over year). Operating expenses grew 31% against a revenue fall of 2%. Net earnings were $284K, down 95% year over year. The effective tax rate was -65.9%.
Operating cash flow was −$0.35B. Non-cash charges added back $0.03B of depreciation and amortization. Working capital and other items used $0.39B. Capital expenditures of $0.05B exceeded it, leaving free cash flow of −$0.40B.
Questions
What was Andersons' revenue in the first quarter 2025?
Andersons (ANDE) reported revenue of $2.7B for the first quarter 2025 (Q1 2025), -2% from a year earlier and -15% from the quarter before.
Was Andersons profitable in the first quarter 2025?
Operating profit was $3.2M (0.1% of revenue) and net earnings $5.3M.
Source: Andersons 10-Q on SEC EDGAR.