Filing Flows › Culp (CULP) › Q2 2025
Culp (CULP) Q2 2025 earnings results (second quarter 2025)
10-Q filed Sep 12, 2025
Culp (CULP) reported revenue of $50.7M for the second quarter 2025 (Q2 2025), -10% from a year earlier and +4% from the quarter before. Operating margin was 3.2%, net loss $231K (0.5% of revenue).
Culp, Q2 2025: revenue $50.7M (-10% year over year), operating margin 3.2%, net loss $231K, operating cash flow −$695K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.7M | +4% | -10% |
| Operating profit | $1.6M | — | — |
| Net earnings | −$231K | — | — |
| Operating cash flow | −$695K | — | — |
What changed
Revenue was $50.7M in Q2 2025, down 10% year over year and up 4% from the previous quarter. Bedding Fabrics was the largest line at 55% of revenue. Upholstery lost $5.8M year over year (down 20%), 99% of the total change.
Gross margin was 14.3%, up 5.3 points from a year earlier. Operating profit was $1.6M, a 3.2% margin (up 15.3 points year over year). Operating expenses fell 53% while revenue fell 10%. The quarter ended with a net loss of $231K, narrower than the previous quarter's $2.1M loss. Net interest and other expense of $479K was the main reason.
Operating cash flow was −$695K. Non-cash charges added back $1.1M of depreciation and $156K of share-based compensation. Working capital and other items used $1.7M. Capital expenditures of $179K exceeded it, leaving free cash flow of −$874K.
Questions
What was Culp's revenue in the second quarter 2025?
Culp (CULP) reported revenue of $50.7M for the second quarter 2025 (Q2 2025), -10% from a year earlier and +4% from the quarter before.
Was Culp profitable in the second quarter 2025?
Operating profit was $1.6M (3.2% of revenue) and net loss $231K.
Source: Culp 10-Q on SEC EDGAR.