Filing Flows › Century Aluminum (CENX) › Q2 2025
Century Aluminum (CENX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Century Aluminum (CENX) reported revenue of $628M for the second quarter 2025 (Q2 2025), +12% from a year earlier and -0.9% from the quarter before. Operating margin was 3.3%, net loss $9.1M (1.4% of revenue).
Century Aluminum, Q2 2025: revenue $628M (+12% year over year), operating margin 3.3%, net loss $9.1M, operating cash flow $7.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $628M | -0.9% | +12% |
| Operating profit | $20.7M | -55% | — |
| Net earnings | −$9.1M | -131% | — |
| Operating cash flow | $7.9M | -89% | -31% |
What changed
Revenue was $628.1M in Q2 2025, up 12% year over year and down 1% from the previous quarter. Aluminum was the largest line at 91% of revenue. Aluminum added $113.7M year over year (up 25%), 169% of the total change. Alumina declined 44%.
Gross margin was 5.8%, up 2.1 points from a year earlier. Operating profit was $20.7M, a 3.3% margin (up 2.2 points year over year). Of the extra revenue versus a year earlier, 21% reached operating profit, above the 1% margin then. Operating expenses grew 11% against revenue growth of 12%. The fastest-growing cost line was SG&A (+14%). The quarter ended with a net loss of $9.1M, after a profit of $25.7M the previous quarter. Minority interests bore $4.5M of it: to shareholders the quarter was a loss of $4.6M. Net interest and other expense of $31.1M was the main reason.
Operating cash flow was $7.9M (down 31% year over year). Non-cash charges added back $20.7M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $6.5M. Capital expenditures of $23.8M exceeded it, leaving free cash flow of −$15.9M.
Questions
What was Century Aluminum's revenue in the second quarter 2025?
Century Aluminum (CENX) reported revenue of $628M for the second quarter 2025 (Q2 2025), +12% from a year earlier and -0.9% from the quarter before.
Was Century Aluminum profitable in the second quarter 2025?
Operating profit was $20.7M (3.3% of revenue) and net loss $9.1M.
Source: Century Aluminum 10-Q on SEC EDGAR.