Filing Flows › Ecovyst (ECVT) › Q2 2025
Ecovyst (ECVT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Ecovyst (ECVT) reported revenue of $200M for the second quarter 2025 (Q2 2025), +9% from a year earlier and +23% from the quarter before. Operating margin was 8.9%, net earnings $6.0M (3.0% of revenue).
Ecovyst, Q2 2025: revenue $200M (+10% year over year), operating margin 8.9%, net earnings $6.0M, operating cash flow $33.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $200M | +23% | +9% |
| Gross profit | $49.7M | +94% | -7% |
| Operating profit | $17.8M | — | -36% |
| Net earnings | $6.0M | — | -28% |
| Operating cash flow | $33.0M | +222% | +232% |
| Free cash flow | $7.8M | — | — |
What changed
Revenue was $200.1M in Q2 2025, up 9% year over year and up 23% from the previous quarter.
Gross margin was 24.8%, down 4.5 points from a year earlier. Operating profit was $17.8M, a 8.9% margin (down 6.3 points year over year). Operating profit fell $10.0M even though revenue rose $17.3M versus a year earlier, so costs grew faster than sales. Operating expenses grew 24% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+198%). Net earnings were $6.0M, down 28% year over year. The effective tax rate was 25.2%.
Operating cash flow was $33.0M (up 232% year over year), 552% of net earnings. Non-cash charges added back $23.9M of depreciation and amortization and $3.4M of share-based compensation. Capital expenditures of $25.3M left free cash flow of $7.8M.
Questions
What was Ecovyst's revenue in the second quarter 2025?
Ecovyst (ECVT) reported revenue of $200M for the second quarter 2025 (Q2 2025), +9% from a year earlier and +23% from the quarter before.
Was Ecovyst profitable in the second quarter 2025?
Operating profit was $17.8M (8.9% of revenue) and net earnings $6.0M.
Source: Ecovyst 10-Q on SEC EDGAR.