Filing Flows › BlueLinx Holdings (BXC) › Q1 2025
BlueLinx Holdings (BXC) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
BlueLinx Holdings (BXC) reported revenue of $709M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -0.2% from the quarter before. Operating margin was 1.5%, net earnings $2.8M (0.4% of revenue).
BlueLinx Holdings, Q1 2025: revenue $709M (-2% year over year), operating margin 1.5%, net earnings $2.8M, operating cash flow −$33.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $709M | -0.2% | -2% |
| Gross profit | $111M | -2% | -13% |
| Operating profit | $10.7M | -11% | -61% |
| Net earnings | $2.8M | -47% | -84% |
| Operating cash flow | −$33.9M | — | — |
What changed
Revenue was $709.2M in Q1 2025, down 2% year over year and roughly flat from the previous quarter. Specialty products was the largest line at 68% of revenue. Specialty products lost $24.4M year over year (down 5%), 144% of the total change.
Gross margin was 15.7%, down 1.9 points from a year earlier. Operating profit was $10.7M, a 1.5% margin (down 2.3 points year over year). Operating expenses grew 0% against a revenue fall of 2%. Net earnings were $2.8M, down 84% year over year. The effective tax rate was 32.3%.
Operating cash flow was −$33.9M. Non-cash charges added back $9.6M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $48.8M. Capital expenditures of $5.9M exceeded it, leaving free cash flow of −$39.8M.
Questions
What was BlueLinx Holdings' revenue in the first quarter 2025?
BlueLinx Holdings (BXC) reported revenue of $709M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -0.2% from the quarter before.
Was BlueLinx Holdings profitable in the first quarter 2025?
Operating profit was $10.7M (1.5% of revenue) and net earnings $2.8M.
Source: BlueLinx Holdings 10-Q on SEC EDGAR.