Filing Flows › Ecovyst (ECVT) › Q1 2025
Ecovyst (ECVT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Ecovyst (ECVT) reported revenue of $162M for the first quarter 2025 (Q1 2025), +1% from a year earlier and +9% from the quarter before. Operating margin was -0.6%, net loss $3.6M (2.2% of revenue).
Ecovyst, Q1 2025: revenue $162M (+1% year over year), operating margin -0.6%, net loss $3.6M, operating cash flow $10.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $162M | +9% | +1% |
| Operating profit | −$912K | — | — |
| Net earnings | −$3.6M | — | — |
| Operating cash flow | $10.3M | -76% | -72% |
What changed
Revenue was $162.2M in Q1 2025, up 1% year over year and up 9% from the previous quarter.
Gross margin was 15.8%, down 8.6 points from a year earlier. Operating costs exceeded revenue by $912K, an operating margin of -0.6%. Operating expenses grew 3% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+25%). The quarter ended with a net loss of $3.6M, narrower than the previous quarter's $30.4M loss. Net interest and other expense of $3.2M was the main reason.
Operating cash flow was $10.3M (down 72% year over year). Non-cash charges added back $23.1M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $12.3M. Capital expenditures of $24.3M exceeded it, leaving free cash flow of −$14.0M.
Questions
What was Ecovyst's revenue in the first quarter 2025?
Ecovyst (ECVT) reported revenue of $162M for the first quarter 2025 (Q1 2025), +1% from a year earlier and +9% from the quarter before.
Was Ecovyst profitable in the first quarter 2025?
Operating loss was $912K (-0.6% of revenue) and net loss $3.6M.
Source: Ecovyst 10-Q on SEC EDGAR.