Filing Flows › Avantor (AVTR) › Q1 2025
Avantor (AVTR) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 25, 2025
Avantor (AVTR) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), -6% from a year earlier and -6% from the quarter before. Operating margin was 9.3%, net earnings $64.5M (4.1% of revenue).
Avantor, Q1 2025: revenue $1.6B (-6% year over year), operating margin 9.3%, net earnings $64.5M, operating cash flow $109M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | -6% | -6% |
| Gross profit | $535M | -5% | -6% |
| Operating profit | $147M | -77% | +0.8% |
| Net earnings | $64.5M | -87% | +7% |
| Operating cash flow | $109M | -37% | -23% |
| Free cash flow | $82.1M | — | -23% |
What changed
Revenue was $1.6B in Q1 2025, down 6% year over year and down 6% from the previous quarter. Proprietary was the largest line at 52% of revenue. Proprietary lost $0.05B year over year (down 6%), 55% of the total change.
Gross margin was 33.8%, down 0.1 points from a year earlier. Operating profit was $0.15B, a 9.3% margin (up 0.6 points year over year). Operating expenses fell 9% while revenue fell 6%. Net earnings were $0.06B, up 7% year over year. The effective tax rate was 24.7%.
Operating cash flow was $0.11B (down 23% year over year), 169% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.07B. After capital expenditures, net ($0.03B), free cash flow as the company reports it was $0.08B.
Questions
What was Avantor's revenue in the first quarter 2025?
Avantor (AVTR) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), -6% from a year earlier and -6% from the quarter before.
Was Avantor profitable in the first quarter 2025?
Operating profit was $147M (9.3% of revenue) and net earnings $64.5M.
Source: Avantor 10-Q on SEC EDGAR.