Filing Flows › Ducommun (DCO) › Q2 2025
Ducommun (DCO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Ducommun (DCO) reported revenue of $201M for the second quarter 2025 (Q2 2025), +2% from a year earlier and +4% from the quarter before. Operating margin was 8.8%, net earnings $12.8M (6.4% of revenue).
Ducommun, Q2 2025: revenue $201M (+2% year over year), operating margin 8.8%, net earnings $12.8M, operating cash flow $22.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $201M | +4% | +2% |
| Gross profit | $53.0M | +5% | +4% |
| Operating profit | $17.7M | +256% | +438% |
| Net earnings | $12.8M | +810% | — |
| Operating cash flow | $22.4M | 29× | +547% |
| Free cash flow | $18.1M | — | 126× |
What changed
Revenue was $200.8M in Q2 2025, up 2% year over year and up 4% from the previous quarter.
Gross margin was 26.4%, up 0.3 points from a year earlier. Operating profit was $17.7M, a 8.8% margin (up 7.1 points year over year). Of the extra revenue versus a year earlier, 309% reached operating profit, above the 2% margin then. Operating expenses fell 26% while revenue rose 2%. Net earnings were $12.8M. The effective tax rate was 22.5%.
Operating cash flow was $22.4M (up 547% year over year), 176% of net earnings. Non-cash charges added back $8.3M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $3.6M. Capital expenditures of $4.3M left free cash flow of $18.1M.
Questions
What was Ducommun's revenue in the second quarter 2025?
Ducommun (DCO) reported revenue of $201M for the second quarter 2025 (Q2 2025), +2% from a year earlier and +4% from the quarter before.
Was Ducommun profitable in the second quarter 2025?
Operating profit was $17.7M (8.8% of revenue) and net earnings $12.8M.
Source: Ducommun 10-Q on SEC EDGAR.