Filing Flows › Elanco Animal Health (ELAN) › Q1 2025
Elanco Animal Health (ELAN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Elanco Animal Health (ELAN) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), -1% from a year earlier and +17% from the quarter before. Operating margin was 5.0%, net earnings $67.0M (5.6% of revenue).
Elanco Animal Health, Q1 2025: revenue $1.2B (-1% year over year), operating margin 5.0%, net earnings $67.0M, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +17% | -1% |
| Gross profit | $684M | +32% | -0.9% |
| Operating profit | $60.0M | — | +400% |
| Net earnings | $67.0M | — | +109% |
| Operating cash flow | −$4.0M | — | — |
What changed
Revenue was $1.2B in Q1 2025, down 1% year over year and up 17% from the previous quarter. Pet Health was the largest line at 53% of revenue. Poultry lost $0.01B year over year (down 4%), 67% of the total change.
Gross margin was 57.3%, up 0.1 points from a year earlier. Operating profit was $0.06B, a 5.0% margin (up 4.0 points year over year). Operating expenses fell 8% while revenue fell 1%. Net earnings were $0.07B, up 109% year over year. The effective tax rate was -11.7%.
Operating cash flow was −$4.0M. Non-cash charges added back $0.16B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.25B. Capital expenditures of $0.07B exceeded it, leaving free cash flow of −$0.07B.
Questions
What was Elanco Animal Health's revenue in the first quarter 2025?
Elanco Animal Health (ELAN) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), -1% from a year earlier and +17% from the quarter before.
Was Elanco Animal Health profitable in the first quarter 2025?
Operating profit was $60.0M (5.0% of revenue) and net earnings $67.0M.