Filing Flows › Ball (BALL) › Q2 2025
Ball (BALL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Ball (BALL) reported revenue of $3.3B for the second quarter 2025 (Q2 2025), +13% from a year earlier and +8% from the quarter before. Operating margin was 8.3%, net earnings $215M (6.4% of revenue).
Ball, Q2 2025: revenue $3.3B (+13% year over year), operating margin 8.3%, net earnings $215M, operating cash flow $332M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | +8% | +13% |
| Operating profit | $276M | +19% | +33% |
| Net earnings | $215M | +20% | +35% |
| Operating cash flow | $332M | — | +32% |
| Free cash flow | $236M | — | +62% |
What changed
Revenue was $3.3B in Q2 2025, up 13% year over year and up 8% from the previous quarter.
Operating profit was $0.28B, a 8.3% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 18% reached operating profit, above the 7% margin then. The fastest-growing cost line was Other operating costs (+65%). Net earnings were $0.21B, up 34% year over year. The effective tax rate was 22.1%.
Operating cash flow was $0.33B (up 32% year over year), 154% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization. Working capital and other items used $0.04B. Capital expenditures of $0.10B left free cash flow of $0.24B.
Questions
What was Ball's revenue in the second quarter 2025?
Ball (BALL) reported revenue of $3.3B for the second quarter 2025 (Q2 2025), +13% from a year earlier and +8% from the quarter before.
Was Ball profitable in the second quarter 2025?
Operating profit was $276M (8.3% of revenue) and net earnings $215M.
Source: Ball 10-Q on SEC EDGAR.