Filing Flows › Atmos Energy (ATO) › Q3 FY25
Atmos Energy (ATO) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 6, 2025
Atmos Energy (ATO) reported revenue of $839M for the third quarter fiscal 2025 (Q3 FY25), +20% from a year earlier and -57% from the quarter before. Operating margin was 30.1%, net earnings $186M (22.2% of revenue).
Atmos Energy, Q3 FY25: revenue $839M (+20% year over year), operating margin 30.1%, net earnings $186M, operating cash flow $496M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $839M | -57% | +20% |
| Operating profit | $252M | -60% | +14% |
| Net earnings | $186M | -62% | +13% |
| Operating cash flow | $496M | -46% | +21% |
What changed
Revenue was $838.8M in Q3 FY25, up 20% year over year and down 57% from the previous quarter. Distribution segment was the largest line at 91% of revenue. Distribution segment added $133.9M year over year (up 21%), 98% of the total change.
Operating profit was $252.1M, a 30.1% margin (down 1.3 points year over year). Of the extra revenue versus a year earlier, 23% reached operating profit, below the 31% margin then. Total costs grew 22% against revenue growth of 20%. Net earnings were $186.4M, up 13% year over year. The effective tax rate was 19.2%.
Operating cash flow was $496.4M (up 21% year over year), 266% of net earnings. Non-cash charges added back $185.8M of depreciation and amortization. Working capital and other items added $124.2M. Capital expenditures of $866.9M exceeded it, leaving free cash flow of −$370.6M.
Questions
What was Atmos Energy's revenue in the third quarter fiscal 2025?
Atmos Energy (ATO) reported revenue of $839M for the third quarter fiscal 2025 (Q3 FY25), +20% from a year earlier and -57% from the quarter before.
Was Atmos Energy profitable in the third quarter fiscal 2025?
Operating profit was $252M (30.1% of revenue) and net earnings $186M.
Source: Atmos Energy 10-Q on SEC EDGAR.