Filing Flows › Everest Group (EG) › Q1 2025
Everest Group (EG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Everest Group (EG) reported revenue of $4.3B for the first quarter 2025 (Q1 2025), +3% from a year earlier and -8% from the quarter before. Operating margin was 5.8%, net earnings $210M (4.9% of revenue).
Everest Group, Q1 2025: revenue $4.3B (+3% year over year), operating margin 5.8%, net earnings $210M, operating cash flow $928M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.3B | -8% | +3% |
| Operating profit | $248M | — | -70% |
| Net earnings | $210M | — | -71% |
| Operating cash flow | $928M | +19% | -16% |
What changed
Revenue was $4.3B in Q1 2025, up 3% year over year and down 8% from the previous quarter.
Operating profit was $0.25B, a 5.8% margin (down 14.3 points year over year). Operating profit fell $0.58B even though revenue rose $0.13B versus a year earlier, so costs grew faster than sales. Total costs grew 22% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+27%). Net earnings were $0.21B, down 71% year over year. The effective tax rate was 15.7%.
Operating cash flow was $0.93B (down 16% year over year), 442% of net earnings. Non-cash charges added back $0.01B of share-based compensation. Working capital and other items added $0.71B.
Questions
What was Everest Group's revenue in the first quarter 2025?
Everest Group (EG) reported revenue of $4.3B for the first quarter 2025 (Q1 2025), +3% from a year earlier and -8% from the quarter before.
Was Everest Group profitable in the first quarter 2025?
Operating profit was $248M (5.8% of revenue) and net earnings $210M.
Source: Everest Group 10-Q on SEC EDGAR.