Filing Flows › American Vanguard (AVD) › Q1 2025
American Vanguard (AVD) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jun 6, 2025
American Vanguard (AVD) reported revenue of $116M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -30% from the quarter before. Operating margin was -3.7%, net loss $8.5M (7.3% of revenue).
American Vanguard, Q1 2025: revenue $116M (-14% year over year), operating margin -3.7%, net loss $8.5M, operating cash flow −$20.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $116M | -30% | -14% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$8.5M | — | — |
| Operating cash flow | −$20.6M | -161% | — |
What changed
Revenue was $115.8M in Q1 2025, down 14% year over year and down 30% from the previous quarter.
Gross margin was 26.1%, down 5.3 points from a year earlier. Operating costs exceeded revenue by $4.3M, an operating margin of -3.7%. Operating expenses fell 5% while revenue fell 14%. The fastest-growing cost line was Other operating costs (+90%). The quarter ended with a net loss of $8.5M, narrower than the previous quarter's $90.4M loss.
Operating cash flow was −$20.6M. Non-cash charges added back $4.7M of depreciation and amortization and $559K of share-based compensation. Working capital and other items used $17.4M. Capital expenditures of $431K exceeded it, leaving free cash flow of −$21.0M.
Questions
What was American Vanguard's revenue in the first quarter 2025?
American Vanguard (AVD) reported revenue of $116M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -30% from the quarter before.
Was American Vanguard profitable in the first quarter 2025?
Operating loss was $4.3M (-3.7% of revenue) and net loss $8.5M.
Source: American Vanguard 10-Q on SEC EDGAR.