Filing Flows › Archrock (AROC) › Q1 2025
Archrock (AROC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Archrock (AROC) reported revenue of $347M for the first quarter 2025 (Q1 2025), +29% from a year earlier and +6% from the quarter before. Operating margin was 26.5%, net earnings $70.8M (20.4% of revenue).
Archrock, Q1 2025: revenue $347M (+29% year over year), operating margin 26.5%, net earnings $70.8M, operating cash flow $116M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $347M | +6% | +29% |
| Gross profit | $164M | +9% | +46% |
| Operating profit | $92.0M | +17% | +72% |
| Net earnings | $70.8M | +19% | +75% |
| Operating cash flow | $116M | -7% | -16% |
What changed
Revenue was $347.2M in Q1 2025, up 29% year over year and up 6% from the previous quarter. Contract operations was the largest line at 87% of revenue. Contract operations added $77.3M year over year (up 35%), 98% of the total change.
Gross margin was 47.4%, up 5.3 points from a year earlier. Operating profit was $92.0M, a 26.5% margin (up 6.5 points year over year). Of the extra revenue versus a year earlier, 49% reached operating profit, above the 20% margin then. Operating expenses grew 22% against revenue growth of 29%. The fastest-growing cost line was Other operating costs (+28%). Net earnings were $70.8M, up 75% year over year. The effective tax rate was 23.0%.
Operating cash flow was $115.6M (down 16% year over year), 163% of net earnings. Non-cash charges added back $57.6M of depreciation and amortization and $5.8M of share-based compensation. Working capital and other items used $18.6M. Capital expenditures of $168.1M exceeded it, leaving free cash flow of −$52.5M.
Questions
What was Archrock's revenue in the first quarter 2025?
Archrock (AROC) reported revenue of $347M for the first quarter 2025 (Q1 2025), +29% from a year earlier and +6% from the quarter before.
Was Archrock profitable in the first quarter 2025?
Operating profit was $92.0M (26.5% of revenue) and net earnings $70.8M.
Source: Archrock 10-Q on SEC EDGAR.