Filing Flows › Beacon Financial (BBT) › Q1 2025
Beacon Financial (BBT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Beacon Financial (BBT) reported revenue of $110M for the first quarter 2025 (Q1 2025), +99% from a year earlier and +0.2% from the quarter before. Operating margin was 31.3%, net earnings $25.7M (23.3% of revenue).
Beacon Financial, Q1 2025: revenue $110M (+99% year over year), operating margin 31.3%, net earnings $25.7M, operating cash flow $23.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $110M | +0.2% | +99% |
| Operating profit | $34.6M | +30% | — |
| Net earnings | $25.7M | +31% | — |
| Operating cash flow | $23.3M | -37% | +239% |
| Free cash flow | $19.9M | -40% | +200% |
What changed
Revenue was $110.4M in Q1 2025, up 99% year over year and roughly flat from the previous quarter.
Operating profit was $34.6M, a 31.3% margin (up 79.0 points year over year). Total costs fell 8% while revenue rose 99%. Net earnings were $25.7M. The effective tax rate was 25.6%.
Operating cash flow was $23.3M (up 239% year over year), 90% of net earnings. Non-cash charges added back $1.3M of share-based compensation. Working capital and other items used $3.7M. Capital expenditures of $3.4M left free cash flow of $19.9M.
Questions
What was Beacon Financial's revenue in the first quarter 2025?
Beacon Financial (BBT) reported revenue of $110M for the first quarter 2025 (Q1 2025), +99% from a year earlier and +0.2% from the quarter before.
Was Beacon Financial profitable in the first quarter 2025?
Operating profit was $34.6M (31.3% of revenue) and net earnings $25.7M.
Source: Beacon Financial 10-Q on SEC EDGAR.