Filing Flows › Donnelley Financial Solutions (DFIN) › Q1 2025
Donnelley Financial Solutions (DFIN) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Donnelley Financial Solutions (DFIN) reported revenue of $201M for the first quarter 2025 (Q1 2025), -1% from a year earlier and +29% from the quarter before. Operating margin was 22.8%, net earnings $31.0M (15.4% of revenue).
Donnelley Financial Solutions, Q1 2025: revenue $201M (-1% year over year), operating margin 22.8%, net earnings $31.0M, operating cash flow −$37.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $201M | +29% | -1% |
| Operating profit | $45.8M | +392% | +3% |
| Net earnings | $31.0M | +392% | -7% |
| Operating cash flow | −$37.7M | — | — |
What changed
Revenue was $201.1M in Q1 2025, down 1% year over year and up 29% from the previous quarter. Capital Markets Compliance and Communications Management was the largest line at 42% of revenue. Capital Markets Compliance and Communications Management lost $7.2M year over year (down 8%), 313% of the total change.
Operating profit was $45.8M, a 22.8% margin (up 0.8 points year over year). Total costs fell 2% while revenue fell 1%. The fastest-growing cost line was Other operating costs (+180%). Net earnings were $31.0M, down 7% year over year. The effective tax rate was 26.5%.
Operating cash flow was −$37.7M. Non-cash charges added back $14.1M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $88.8M. Capital expenditures of $13.3M exceeded it, leaving free cash flow of −$51.0M.
Questions
What was Donnelley Financial Solutions' revenue in the first quarter 2025?
Donnelley Financial Solutions (DFIN) reported revenue of $201M for the first quarter 2025 (Q1 2025), -1% from a year earlier and +29% from the quarter before.
Was Donnelley Financial Solutions profitable in the first quarter 2025?
Operating profit was $45.8M (22.8% of revenue) and net earnings $31.0M.