Filing Flows › Axalta Coating Systems (AXTA) › Q2 2025
Axalta Coating Systems (AXTA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Axalta Coating Systems (AXTA) reported revenue of $1.3B for the second quarter 2025 (Q2 2025), -3% from a year earlier and +3% from the quarter before. Operating margin was 14.8%, net earnings $110M (8.4% of revenue).
Axalta Coating Systems, Q2 2025: revenue $1.3B (-3% year over year), operating margin 14.8%, net earnings $110M, operating cash flow $142M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +3% | -3% |
| Operating profit | $193M | +10% | -6% |
| Net earnings | $110M | +11% | -3% |
| Operating cash flow | $142M | +446% | +25% |
| Free cash flow | $101M | — | +6% |
What changed
Revenue was $1.3B in Q2 2025, down 3% year over year and up 3% from the previous quarter. Performance Coatings was the largest line at 64% of revenue. Performance Coatings lost $0.05B year over year (down 6%), 111% of the total change.
Operating profit was $0.19B, a 14.8% margin (down 0.4 points year over year). Total costs fell 3% while revenue fell 3%. The fastest-growing cost line was Other operating costs (+50%). Net earnings were $0.11B, down 3% year over year. The effective tax rate was 23.1%.
Operating cash flow was $0.14B (up 25% year over year), 129% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.05B. After purchase of property, plant and equipment, net ($0.04B), free cash flow as the company reports it was $0.10B.
Questions
What was Axalta Coating Systems' revenue in the second quarter 2025?
Axalta Coating Systems (AXTA) reported revenue of $1.3B for the second quarter 2025 (Q2 2025), -3% from a year earlier and +3% from the quarter before.
Was Axalta Coating Systems profitable in the second quarter 2025?
Operating profit was $193M (14.8% of revenue) and net earnings $110M.