Filing Flows › EnerSys (ENS) › Q3 FY25
EnerSys (ENS) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 5, 2025
EnerSys (ENS) reported revenue of $906M for the third quarter fiscal 2025 (Q3 FY25), +5% from a year earlier and +3% from the quarter before. Operating margin was 15.7%, net earnings $115M (12.7% of revenue).
EnerSys, Q3 FY25: revenue $906M (+5% year over year), operating margin 15.7%, net earnings $115M, operating cash flow $81.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $906M | +3% | +5% |
| Gross profit | $298M | +18% | +20% |
| Operating profit | $143M | +44% | +54% |
| Net earnings | $115M | +40% | +51% |
| Operating cash flow | $81.1M | +141% | -40% |
| Free cash flow | $56.8M | — | -49% |
What changed
Revenue was $906.2M in Q3 FY25, up 5% year over year and up 3% from the previous quarter. Product was the largest line at 90% of revenue. Product added $65.6M year over year (up 9%), 147% of the total change. Service declined 19%.
Gross margin was 32.9%, up 4.0 points from a year earlier. Operating profit was $142.6M, a 15.7% margin (up 5.0 points year over year). Of the extra revenue versus a year earlier, 112% reached operating profit, above the 11% margin then. Operating expenses fell 0% while revenue rose 5%. Net earnings were $114.8M, up 51% year over year. The effective tax rate was 9.4%.
Operating cash flow was $81.1M (down 40% year over year), 71% of net earnings. Non-cash charges added back $25.6M of depreciation and amortization and $8.1M of share-based compensation. Working capital and other items used $67.4M. After capital Expenditures ($24.3M), free cash flow as the company reports it was $56.8M.
Questions
What was EnerSys' revenue in the third quarter fiscal 2025?
EnerSys (ENS) reported revenue of $906M for the third quarter fiscal 2025 (Q3 FY25), +5% from a year earlier and +3% from the quarter before.
Was EnerSys profitable in the third quarter fiscal 2025?
Operating profit was $143M (15.7% of revenue) and net earnings $115M.
Source: EnerSys 10-Q on SEC EDGAR.