Filing Flows › Armstrong World Industries (AWI) › Q2 2025
Armstrong World Industries (AWI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 29, 2025
Armstrong World Industries (AWI) reported revenue of $425M for the second quarter 2025 (Q2 2025), +16% from a year earlier and +11% from the quarter before. Operating margin was 29.0%, net earnings $87.8M (20.7% of revenue).
Armstrong World Industries, Q2 2025: revenue $425M (+16% year over year), operating margin 29.0%, net earnings $87.8M, operating cash flow $81.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $425M | +11% | +16% |
| Gross profit | $176M | +17% | +18% |
| Operating profit | $123M | +25% | +30% |
| Net earnings | $87.8M | +27% | +33% |
| Operating cash flow | $81.6M | +99% | +42% |
| Free cash flow | $61.7M | +182% | +65% |
What changed
Revenue was $424.6M in Q2 2025, up 16% year over year and up 11% from the previous quarter. Mineral Fiber was the largest line at 63% of revenue. Architectural Specialties added $42.7M year over year (up 37%), 72% of the total change.
Gross margin was 41.4%, up 0.5 points from a year earlier. Operating profit was $123.2M, a 29.0% margin (up 3.0 points year over year). Of the extra revenue versus a year earlier, 47% reached operating profit, above the 26% margin then. Operating expenses fell 3% while revenue rose 16%. Net earnings were $87.8M, up 33% year over year. The effective tax rate was 23.9%.
Operating cash flow was $81.6M (up 42% year over year), 93% of net earnings. Non-cash charges added back $30.5M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items used $42.0M. Capital expenditures of $19.9M left free cash flow of $61.7M.
Questions
What was Armstrong World Industries' revenue in the second quarter 2025?
Armstrong World Industries (AWI) reported revenue of $425M for the second quarter 2025 (Q2 2025), +16% from a year earlier and +11% from the quarter before.
Was Armstrong World Industries profitable in the second quarter 2025?
Operating profit was $123M (29.0% of revenue) and net earnings $87.8M.