Filing Flows › Arts Way Manufacturing (ARTW) › Q2 FY25
Arts Way Manufacturing (ARTW) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Jul 14, 2025
Arts Way Manufacturing (ARTW) reported revenue of $6.3M for the second quarter fiscal 2025 (Q2 FY25), -6% from a year earlier and +23% from the quarter before. Operating margin was 8.1%, net earnings $1.5M (23.4% of revenue).
Arts Way Manufacturing, Q2 FY25: revenue $6.3M (-6% year over year), operating margin 8.1%, net earnings $1.5M, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.3M | +23% | -6% |
| Gross profit | $2.1M | +38% | +8% |
| Operating profit | $511K | 205× | +203% |
| Net earnings | $1.5M | — | — |
| Operating cash flow | $1.4M | — | +9% |
| Free cash flow | $1.2M | — | +20% |
What changed
Revenue was $6.3M in Q2 FY25, down 6% year over year and up 23% from the previous quarter. Farm Equipment was the largest line at 53% of revenue. Farm Equipment lost $625K year over year (down 16%), 159% of the total change.
Gross margin was 32.5%, up 4.2 points from a year earlier. Operating profit was $511K, a 8.1% margin (up 5.6 points year over year). Operating expenses fell 11% while revenue fell 6%. Net earnings were $1.5M. The effective tax rate was 21.0%. Non-operating items added $1.4M, 73% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.4M (up 9% year over year), 91% of net earnings. Non-cash charges added back $190K of depreciation and amortization and $60K of share-based compensation. Working capital and other items used $378K. Capital expenditures of $131K left free cash flow of $1.2M.
Questions
What was Arts Way Manufacturing's revenue in the second quarter fiscal 2025?
Arts Way Manufacturing (ARTW) reported revenue of $6.3M for the second quarter fiscal 2025 (Q2 FY25), -6% from a year earlier and +23% from the quarter before.
Was Arts Way Manufacturing profitable in the second quarter fiscal 2025?
Operating profit was $511K (8.1% of revenue) and net earnings $1.5M.