Filing Flows › Core Molding Technologies (CMT) › Q1 2025
Core Molding Technologies (CMT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Core Molding Technologies (CMT) reported revenue of $61.4M for the first quarter 2025 (Q1 2025), -21% from a year earlier and -2% from the quarter before. Operating margin was 4.6%, net earnings $2.2M (3.6% of revenue).
Core Molding Technologies, Q1 2025: revenue $61.4M (-21% year over year), operating margin 4.6%, net earnings $2.2M, operating cash flow $6.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.4M | -2% | -21% |
| Gross profit | $11.8M | +19% | -11% |
| Operating profit | $2.8M | +227% | -40% |
| Net earnings | $2.2M | — | -42% |
| Operating cash flow | $6.1M | +22% | +20% |
| Free cash flow | $4.3M | +750% | +36% |
What changed
Revenue was $61.4M in Q1 2025, down 21% year over year and down 2% from the previous quarter. Product was the largest line at 99% of revenue. Product lost $14.8M year over year (down 20%), 89% of the total change.
Gross margin was 19.2%, up 2.1 points from a year earlier. Operating profit was $2.8M, a 4.6% margin (down 1.4 points year over year). Operating expenses grew 4% against a revenue fall of 21%. Net earnings were $2.2M, down 42% year over year. The effective tax rate was 25.6%.
Operating cash flow was $6.1M (up 20% year over year), 279% of net earnings. Non-cash charges added back $3.2M of depreciation and amortization and $631K of share-based compensation. Capital expenditures of $1.8M left free cash flow of $4.3M.
Questions
What was Core Molding Technologies' revenue in the first quarter 2025?
Core Molding Technologies (CMT) reported revenue of $61.4M for the first quarter 2025 (Q1 2025), -21% from a year earlier and -2% from the quarter before.
Was Core Molding Technologies profitable in the first quarter 2025?
Operating profit was $2.8M (4.6% of revenue) and net earnings $2.2M.