Filing Flows › Compass Minerals International (CMP) › Q2 FY25
Compass Minerals International (CMP) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 8, 2025
Compass Minerals International (CMP) reported revenue of $495M for the second quarter fiscal 2025 (Q2 FY25), +36% from a year earlier and +61% from the quarter before. Operating margin was -0.6%, net loss $32.0M (6.5% of revenue).
Compass Minerals International, Q2 FY25: revenue $495M (+36% year over year), operating margin -0.6%, net loss $32.0M, operating cash flow $187M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $495M | +61% | +36% |
| Operating profit | −$3.1M | — | — |
| Net earnings | −$32.0M | — | — |
| Operating cash flow | $187M | — | +117% |
| Free cash flow | $173M | — | +208% |
What changed
Revenue was $494.6M in Q2 FY25, up 36% year over year and up 61% from the previous quarter. Highway Deicing Salt was the largest line at 66% of revenue. Highway Deicing Salt added $97.2M year over year (up 43%), 74% of the total change. Eliminations & Other declined 52%.
Gross margin was 15.5%, down 4.2 points from a year earlier. Operating costs exceeded revenue by $3.1M, an operating margin of -0.6%. Operating expenses fell 28% while revenue rose 36%. The quarter ended with a net loss of $32.0M, wider than the previous quarter's $23.6M loss. Net interest and other expense of $19.1M was the main reason.
Operating cash flow was $186.9M (up 117% year over year). Non-cash charges added back $26.5M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $189.6M. Capital expenditures of $14.0M left free cash flow of $172.9M.
Questions
What was Compass Minerals International's revenue in the second quarter fiscal 2025?
Compass Minerals International (CMP) reported revenue of $495M for the second quarter fiscal 2025 (Q2 FY25), +36% from a year earlier and +61% from the quarter before.
Was Compass Minerals International profitable in the second quarter fiscal 2025?
Operating loss was $3.1M (-0.6% of revenue) and net loss $32.0M.