Filing Flows › DMC Global (BOOM) › Q3 2025
DMC Global (BOOM) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
DMC Global (BOOM) reported revenue of $152M for the third quarter 2025 (Q3 2025), -0.6% from a year earlier and -3% from the quarter before. Operating margin was 0.4%, net loss $2.1M (1.4% of revenue).
DMC Global, Q3 2025: revenue $152M (-0.6% year over year), operating margin 0.4%, net loss $2.1M, operating cash flow $18.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $152M | -3% | -0.6% |
| Operating profit | $610K | -84% | — |
| Net earnings | −$2.1M | -1884% | — |
| Operating cash flow | $18.6M | +22% | -2% |
| Free cash flow | $14.4M | +17% | +11% |
What changed
Revenue was $151.5M in Q3 2025, down 1% year over year and down 3% from the previous quarter. DynaEnergetics was the largest line at 45% of revenue. NobelClad lost $4.0M year over year (down 16%), 447% of the total change.
Gross margin was 21.7%, up 1.9 points from a year earlier. Operating profit was $610K, a 0.4% margin (up 98.1 points year over year). Operating expenses fell 82% while revenue fell 1%. The quarter ended with a net loss of $2.1M, after a profit of $321K the previous quarter. Net interest and other expense of $2.0M was the main reason.
Operating cash flow was $18.6M (down 2% year over year). Non-cash charges added back $8.5M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $10.8M. Capital expenditures of $4.2M left free cash flow of $14.4M.
Questions
What was DMC Global's revenue in the third quarter 2025?
DMC Global (BOOM) reported revenue of $152M for the third quarter 2025 (Q3 2025), -0.6% from a year earlier and -3% from the quarter before.
Was DMC Global profitable in the third quarter 2025?
Operating profit was $610K (0.4% of revenue) and net loss $2.1M.
Source: DMC Global 10-Q on SEC EDGAR.