Filing Flows › Dorman Products (DORM) › Q1 2025
Dorman Products (DORM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Dorman Products (DORM) reported revenue of $508M for the first quarter 2025 (Q1 2025), +8% from a year earlier and -5% from the quarter before. Operating margin was 15.8%, net earnings $57.5M (11.3% of revenue).
Dorman Products, Q1 2025: revenue $508M (+8% year over year), operating margin 15.8%, net earnings $57.5M, operating cash flow $51.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $508M | -5% | +8% |
| Gross profit | $208M | -6% | +14% |
| Operating profit | $80.1M | -8% | +47% |
| Net earnings | $57.5M | +5% | +75% |
| Operating cash flow | $51.2M | -28% | -1% |
| Free cash flow | $40.3M | -36% | -2% |
What changed
Revenue was $507.7M in Q1 2025, up 8% year over year and down 5% from the previous quarter.
Gross margin was 40.9%, up 2.2 points from a year earlier. Operating profit was $80.1M, a 15.8% margin (up 4.2 points year over year). Of the extra revenue versus a year earlier, 66% reached operating profit, above the 12% margin then. Operating expenses grew 0% against revenue growth of 8%. Net earnings were $57.5M, up 75% year over year. The effective tax rate was 22.4%.
Operating cash flow was $51.2M (down 1% year over year), 89% of net earnings. Non-cash charges added back $13.8M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $23.7M. Capital expenditures of $11.0M left free cash flow of $40.3M.
Questions
What was Dorman Products' revenue in the first quarter 2025?
Dorman Products (DORM) reported revenue of $508M for the first quarter 2025 (Q1 2025), +8% from a year earlier and -5% from the quarter before.
Was Dorman Products profitable in the first quarter 2025?
Operating profit was $80.1M (15.8% of revenue) and net earnings $57.5M.
Source: Dorman Products 10-Q on SEC EDGAR.