Filing Flows › Donaldson (DCI) › Q2 FY25
Donaldson (DCI) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Mar 4, 2025
Donaldson (DCI) reported revenue of $870M for the second quarter fiscal 2025 (Q2 FY25), -0.8% from a year earlier and -3% from the quarter before. Operating margin was 14.4%, net earnings $95.9M (11.0% of revenue).
Donaldson, Q2 FY25: revenue $870M (-0.8% year over year), operating margin 14.4%, net earnings $95.9M, operating cash flow $90.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $870M | -3% | -0.8% |
| Gross profit | $306M | -4% | -0.9% |
| Operating profit | $126M | -4% | -3% |
| Net earnings | $95.9M | -3% | -3% |
| Operating cash flow | $90.4M | +24% | +4% |
| Free cash flow | $71.5M | +50% | +9% |
What changed
Revenue was $870.0M in Q2 FY25, down 1% year over year and down 3% from the previous quarter.
Gross margin was 35.2%, unchanged from a year earlier. Operating profit was $125.5M, a 14.4% margin (down 0.4 points year over year). Operating expenses grew 1% against a revenue fall of 1%. Net earnings were $95.9M, down 3% year over year. The effective tax rate was 23.3%.
Operating cash flow was $90.4M (up 4% year over year), 94% of net earnings. Non-cash charges added back $25.0M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items used $34.7M. Capital expenditures of $18.9M left free cash flow of $71.5M.
Questions
What was Donaldson's revenue in the second quarter fiscal 2025?
Donaldson (DCI) reported revenue of $870M for the second quarter fiscal 2025 (Q2 FY25), -0.8% from a year earlier and -3% from the quarter before.
Was Donaldson profitable in the second quarter fiscal 2025?
Operating profit was $126M (14.4% of revenue) and net earnings $95.9M.
Source: Donaldson 10-Q on SEC EDGAR.