Filing Flows › Atkore (ATKR) › Q2 FY25
Atkore (ATKR) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 6, 2025
Atkore (ATKR) reported revenue of $702M for the second quarter fiscal 2025 (Q2 FY25), -12% from a year earlier and +6% from the quarter before. Operating margin was -7.4%, net loss $50.1M (7.1% of revenue).
Atkore, Q2 FY25: revenue $702M (-12% year over year), operating margin -7.4%, net loss $50.1M, operating cash flow $86.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $702M | +6% | -12% |
| Operating profit | −$51.8M | -151% | — |
| Net earnings | −$50.1M | -168% | — |
| Operating cash flow | $86.6M | +16% | -0.7% |
| Free cash flow | $64.2M | +94% | +11% |
What changed
Revenue was $701.7M in Q2 FY25, down 12% year over year and up 6% from the previous quarter. Electrical was the largest line at 70% of revenue. Electrical lost $98.1M year over year (down 17%), 108% of the total change.
Gross margin was 26.4%, down 10.4 points from a year earlier. Operating costs exceeded revenue by $51.8M, an operating margin of -7.4%. Operating expenses grew 110% against a revenue fall of 12%. The fastest-growing cost line was Other operating costs (+870%). The quarter ended with a net loss of $50.1M, after a profit of $46.3M the previous quarter.
Operating cash flow was $86.6M (down 1% year over year). Non-cash charges added back $29.2M of depreciation and amortization and $7.7M of share-based compensation. Working capital and other items added $99.7M. Capital expenditures of $22.3M left free cash flow of $64.2M.
Questions
What was Atkore's revenue in the second quarter fiscal 2025?
Atkore (ATKR) reported revenue of $702M for the second quarter fiscal 2025 (Q2 FY25), -12% from a year earlier and +6% from the quarter before.
Was Atkore profitable in the second quarter fiscal 2025?
Operating loss was $51.8M (-7.4% of revenue) and net loss $50.1M.
Source: Atkore 10-Q on SEC EDGAR.