Filing Flows › Atmos Energy (ATO) › Q2 FY25
Atmos Energy (ATO) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 7, 2025
Atmos Energy (ATO) reported revenue of $2.0B for the second quarter fiscal 2025 (Q2 FY25), +18% from a year earlier and +66% from the quarter before. Operating margin was 32.2%, net earnings $486M (24.9% of revenue).
Atmos Energy, Q2 FY25: revenue $2.0B (+18% year over year), operating margin 32.2%, net earnings $486M, operating cash flow $923M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +66% | +18% |
| Operating profit | $629M | +37% | +14% |
| Net earnings | $486M | +38% | +12% |
| Operating cash flow | $923M | +227% | +24% |
| Free cash flow | $83.3M | — | -17% |
What changed
Revenue was $2.0B in Q2 FY25, up 18% year over year and up 66% from the previous quarter. Distribution segment was the largest line at 96% of revenue. Distribution segment added $0.29B year over year (up 18%), 97% of the total change.
Operating profit was $0.63B, a 32.2% margin (down 1.2 points year over year). Of the extra revenue versus a year earlier, 26% reached operating profit, below the 33% margin then. Total costs grew 21% against revenue growth of 18%. The fastest-growing cost line was Cost of revenue (+25%). Net earnings were $0.49B, up 12% year over year. The effective tax rate was 19.5%.
Operating cash flow was $0.92B (up 24% year over year), 190% of net earnings. Non-cash charges added back $0.18B of depreciation and amortization. Working capital and other items added $0.25B. Capital expenditures of $0.84B left free cash flow of $0.08B.
Questions
What was Atmos Energy's revenue in the second quarter fiscal 2025?
Atmos Energy (ATO) reported revenue of $2.0B for the second quarter fiscal 2025 (Q2 FY25), +18% from a year earlier and +66% from the quarter before.
Was Atmos Energy profitable in the second quarter fiscal 2025?
Operating profit was $629M (32.2% of revenue) and net earnings $486M.
Source: Atmos Energy 10-Q on SEC EDGAR.