Filing Flows › CHS (CHSCP) › Q2 FY25
CHS (CHSCP) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Apr 2, 2025
CHS (CHSCP) reported revenue of $7.8B for the second quarter fiscal 2025 (Q2 FY25), -14% from a year earlier and -16% from the quarter before. Operating margin was -2.2%, net loss $76.0M (1.0% of revenue).
CHS, Q2 FY25: revenue $7.8B (-14% year over year), operating margin -2.2%, net loss $76.0M, operating cash flow −$1.0B. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.8B | -16% | -14% |
| Operating profit | −$172M | — | — |
| Net earnings | −$76.0M | — | — |
| Operating cash flow | −$1.0B | — | — |
What changed
Revenue was $7.8B in Q2 FY25, down 14% year over year and down 16% from the previous quarter. Ag was the largest line at 78% of revenue. Ag lost $1.2B year over year (down 17%), 95% of the total change.
Gross margin was 1.0%, down 3.0 points from a year earlier. Operating costs exceeded revenue by $0.17B, an operating margin of -2.2%. Operating expenses fell 17% while revenue fell 14%. The quarter ended with a net loss of $0.08B, after a profit of $0.25B the previous quarter. Non-operating items added $0.09B, -103% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.0B. Non-cash charges added back $0.16B of depreciation and amortization. Working capital and other items used $1.1B. Capital expenditures of $0.16B exceeded it, leaving free cash flow of −$1.2B.
Questions
What was CHS' revenue in the second quarter fiscal 2025?
CHS (CHSCP) reported revenue of $7.8B for the second quarter fiscal 2025 (Q2 FY25), -14% from a year earlier and -16% from the quarter before.
Was CHS profitable in the second quarter fiscal 2025?
Operating loss was $172M (-2.2% of revenue) and net loss $76.0M.
Source: CHS 10-Q on SEC EDGAR.