Filing Flows › Cabot (CBT) › Q2 FY25
Cabot (CBT) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 7, 2025
Cabot (CBT) reported revenue of $936M for the second quarter fiscal 2025 (Q2 FY25), -8% from a year earlier and -2% from the quarter before. Operating margin was 17.3%, net earnings $94.0M (10.0% of revenue).
Cabot, Q2 FY25: revenue $936M (-8% year over year), operating margin 17.3%, net earnings $94.0M, operating cash flow $73.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $936M | -2% | -8% |
| Gross profit | $241M | +3% | -2% |
| Operating profit | $162M | +5% | +4% |
| Net earnings | $94.0M | +1% | +12% |
| Operating cash flow | $73.0M | -41% | -59% |
| Free cash flow | $1.0M | — | — |
What changed
Revenue was $936.0M in Q2 FY25, down 8% year over year and down 2% from the previous quarter.
Gross margin was 25.7%, up 1.6 points from a year earlier. Operating profit was $162.0M, a 17.3% margin (up 2.0 points year over year). Operating expenses fell 12% while revenue fell 8%. Net earnings were $94.0M, up 12% year over year. The effective tax rate was 31.8%.
Operating cash flow was $73.0M (down 59% year over year), 70% of net income including minority interests. Non-cash charges added back $38.0M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $76.0M. After additions to property, plant and equipment ($72.0M), free cash flow as the company reports it was $1.0M.
Questions
What was Cabot's revenue in the second quarter fiscal 2025?
Cabot (CBT) reported revenue of $936M for the second quarter fiscal 2025 (Q2 FY25), -8% from a year earlier and -2% from the quarter before.
Was Cabot profitable in the second quarter fiscal 2025?
Operating profit was $162M (17.3% of revenue) and net earnings $94.0M.
Source: Cabot 10-Q on SEC EDGAR.