Filing Flows › Eastern (EML) › Q2 2025
Eastern (EML) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Eastern (EML) reported revenue of $70.2M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +11% from the quarter before. Operating margin was 4.5%, net earnings $3.4M (4.9% of revenue).
Eastern, Q2 2025: revenue $70.2M (-3% year over year), operating margin 4.5%, net earnings $3.4M, operating cash flow $3.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $70.2M | +11% | -3% |
| Gross profit | $16.4M | +15% | -11% |
| Operating profit | $3.1M | -3% | -48% |
| Net earnings | $3.4M | +77% | -2% |
| Operating cash flow | $3.8M | — | -55% |
| Free cash flow | $3.0M | — | -59% |
What changed
Revenue was $70.2M in Q2 2025, down 3% year over year and up 11% from the previous quarter.
Gross margin was 23.3%, down 2.1 points from a year earlier. Operating profit was $3.1M, a 4.5% margin (down 3.8 points year over year). Operating expenses grew 6% against a revenue fall of 3%. Net earnings were $3.4M, down 2% year over year. The effective tax rate was 13.7%. Non-operating items added $844K, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $3.8M (down 55% year over year), 109% of net earnings. Non-cash charges added back $1.7M of depreciation and amortization and $312K of share-based compensation. Working capital and other items used $1.7M. Capital expenditures of $750K left free cash flow of $3.0M.
Questions
What was Eastern's revenue in the second quarter 2025?
Eastern (EML) reported revenue of $70.2M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +11% from the quarter before.
Was Eastern profitable in the second quarter 2025?
Operating profit was $3.1M (4.5% of revenue) and net earnings $3.4M.
Source: Eastern 10-Q on SEC EDGAR.