Filing Flows › DMC Global (BOOM) › Q1 2025
DMC Global (BOOM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
DMC Global (BOOM) reported revenue of $159M for the first quarter 2025 (Q1 2025), -5% from a year earlier and +5% from the quarter before. Operating margin was 4.1%, net earnings $677K (0.4% of revenue).
DMC Global, Q1 2025: revenue $159M (-4% year over year), operating margin 4.1%, net earnings $677K, operating cash flow $4.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $159M | +5% | -5% |
| Gross profit | $41.2M | +30% | -3% |
| Operating profit | $6.5M | — | -3% |
| Net earnings | $677K | +129% | -74% |
| Operating cash flow | $4.5M | -62% | -67% |
| Free cash flow | $709K | -88% | -93% |
What changed
Revenue was $159.3M in Q1 2025, down 5% year over year and up 5% from the previous quarter. Arcadia Products was the largest line at 41% of revenue. DynaEnergetics lost $12.6M year over year (down 16%), 166% of the total change.
Gross margin was 25.9%, up 0.5 points from a year earlier. Operating profit was $6.5M, a 4.1% margin (up 0.1 points year over year). Operating expenses fell 3% while revenue fell 5%. Net earnings were $677K, down 74% year over year. The effective tax rate was 59.5%.
Operating cash flow was $4.5M (down 67% year over year), 241% of net income including minority interests. Non-cash charges added back $8.4M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $7.4M. Capital expenditures of $3.8M left free cash flow of $709K.
Questions
What was DMC Global's revenue in the first quarter 2025?
DMC Global (BOOM) reported revenue of $159M for the first quarter 2025 (Q1 2025), -5% from a year earlier and +5% from the quarter before.
Was DMC Global profitable in the first quarter 2025?
Operating profit was $6.5M (4.1% of revenue) and net earnings $677K.
Source: DMC Global 10-Q on SEC EDGAR.