Filing Flows › Astec Industries (ASTE) › Q1 2025
Astec Industries (ASTE) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Astec Industries (ASTE) reported revenue of $329M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -8% from the quarter before. Operating margin was 6.2%, net earnings $14.3M (4.3% of revenue).
Astec Industries, Q1 2025: revenue $329M (+6% year over year), operating margin 6.2%, net earnings $14.3M, operating cash flow $20.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $329M | -8% | +7% |
| Gross profit | $92.4M | -10% | +20% |
| Operating profit | $20.5M | -41% | +225% |
| Net earnings | $14.3M | -32% | +333% |
| Operating cash flow | $20.5M | -44% | — |
| Free cash flow | $16.6M | — | — |
What changed
Revenue was $329.4M in Q1 2025, up 7% year over year and down 8% from the previous quarter. Infrastructure Solutions was the largest line at 72% of revenue. Infrastructure Solutions added $33.8M year over year (up 17%), 167% of the total change. Materials Solutions declined 13%.
Gross margin was 28.1%, up 3.2 points from a year earlier. Operating profit was $20.5M, a 6.2% margin (up 4.2 points year over year). Of the extra revenue versus a year earlier, 70% reached operating profit, above the 2% margin then. Operating expenses grew 2% against revenue growth of 7%. Net earnings were $14.3M, up 321% year over year. The effective tax rate was 27.4%.
Operating cash flow was $20.5M, 143% of net earnings. Non-cash charges added back $6.4M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items used $1.9M. After expenditures for property and equipment ($3.9M), free cash flow as the company reports it was $16.6M.
Questions
What was Astec Industries' revenue in the first quarter 2025?
Astec Industries (ASTE) reported revenue of $329M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -8% from the quarter before.
Was Astec Industries profitable in the first quarter 2025?
Operating profit was $20.5M (6.2% of revenue) and net earnings $14.3M.
Source: Astec Industries 10-Q on SEC EDGAR.