Filing Flows › DMC Global (BOOM) › Q2 2025
DMC Global (BOOM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
DMC Global (BOOM) reported revenue of $155M for the second quarter 2025 (Q2 2025), -9% from a year earlier and -2% from the quarter before. Operating margin was 2.5%, net earnings $116K (0.1% of revenue).
DMC Global, Q2 2025: revenue $155M (-9% year over year), operating margin 2.5%, net earnings $116K, operating cash flow $15.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $155M | -2% | -9% |
| Gross profit | $36.7M | -11% | -21% |
| Operating profit | $3.9M | -40% | -67% |
| Net earnings | $116K | -83% | -97% |
| Operating cash flow | $15.2M | +240% | +551% |
| Free cash flow | $12.3M | 17× | — |
What changed
Revenue was $155.5M in Q2 2025, down 9% year over year and down 2% from the previous quarter. DynaEnergetics was the largest line at 43% of revenue. DynaEnergetics lost $9.3M year over year (down 12%), 60% of the total change.
Gross margin was 23.6%, down 3.5 points from a year earlier. Operating profit was $3.9M, a 2.5% margin (down 4.3 points year over year). Operating expenses fell 5% while revenue fell 9%. Net earnings were $116K, down 97% year over year. The effective tax rate was 81.6%.
Operating cash flow was $15.2M (up 551% year over year), 4750% of net income including minority interests. Non-cash charges added back $8.5M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $5.0M. Capital expenditures of $2.9M left free cash flow of $12.3M.
Questions
What was DMC Global's revenue in the second quarter 2025?
DMC Global (BOOM) reported revenue of $155M for the second quarter 2025 (Q2 2025), -9% from a year earlier and -2% from the quarter before.
Was DMC Global profitable in the second quarter 2025?
Operating profit was $3.9M (2.5% of revenue) and net earnings $116K.
Source: DMC Global 10-Q on SEC EDGAR.