Filing Flows › Chesapeake Utilities (CPK) › Q2 2025
Chesapeake Utilities (CPK) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Chesapeake Utilities (CPK) reported revenue of $193M for the second quarter 2025 (Q2 2025), +16% from a year earlier and -35% from the quarter before. Operating margin was 26.1%, net earnings $23.9M (12.4% of revenue).
Chesapeake Utilities, Q2 2025: revenue $193M (+16% year over year), operating margin 26.1%, net earnings $23.9M, operating cash flow $54.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $193M | -35% | +16% |
| Operating profit | $50.3M | -42% | +23% |
| Net earnings | $23.9M | -53% | +31% |
| Operating cash flow | $54.2M | -36% | -23% |
What changed
Revenue was $192.8M in Q2 2025, up 16% year over year and down 35% from the previous quarter.
Operating profit was $50.3M, a 26.1% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, above the 25% margin then. Total costs grew 14% against revenue growth of 16%. Net earnings were $23.9M, up 31% year over year. The effective tax rate was 27.4%.
Operating cash flow was $54.2M (down 23% year over year), 227% of net earnings. Non-cash charges added back $21.9M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $6.1M. Capital expenditures of $100.1M exceeded it, leaving free cash flow of −$45.9M.
Questions
What was Chesapeake Utilities' revenue in the second quarter 2025?
Chesapeake Utilities (CPK) reported revenue of $193M for the second quarter 2025 (Q2 2025), +16% from a year earlier and -35% from the quarter before.
Was Chesapeake Utilities profitable in the second quarter 2025?
Operating profit was $50.3M (26.1% of revenue) and net earnings $23.9M.