Filing Flows › EVI Industries (EVI) › Q3 FY25
EVI Industries (EVI) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 12, 2025
EVI Industries (EVI) reported revenue of $93.5M for the third quarter fiscal 2025 (Q3 FY25), +11% from a year earlier and +0.9% from the quarter before. Operating margin was 2.4%, net earnings $1.0M (1.1% of revenue).
EVI Industries, Q3 FY25: revenue $93.5M (+11% year over year), operating margin 2.4%, net earnings $1.0M, operating cash flow $9.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93.5M | +0.9% | +11% |
| Gross profit | $28.1M | +2% | +9% |
| Operating profit | $2.3M | -5% | -6% |
| Net earnings | $1.0M | -8% | +9% |
| Operating cash flow | $9.1M | +365% | -3% |
| Free cash flow | $8.1M | +639% | -0.4% |
What changed
Revenue was $93.5M in Q3 FY25, up 11% year over year and up 1% from the previous quarter.
Gross margin was 30.0%, down 0.7 points from a year earlier. Operating profit was $2.3M, a 2.4% margin (down 0.4 points year over year). Operating profit fell $133K even though revenue rose $9.6M versus a year earlier, so costs grew faster than sales. Operating expenses grew 10% against revenue growth of 11%. Net earnings were $1.0M, up 9% year over year. The effective tax rate was 39.1%.
Operating cash flow was $9.1M (down 3% year over year), 879% of net earnings. Non-cash charges added back $1.6M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $5.3M. Capital expenditures of $1.0M left free cash flow of $8.1M.
Questions
What was EVI Industries' revenue in the third quarter fiscal 2025?
EVI Industries (EVI) reported revenue of $93.5M for the third quarter fiscal 2025 (Q3 FY25), +11% from a year earlier and +0.9% from the quarter before.
Was EVI Industries profitable in the third quarter fiscal 2025?
Operating profit was $2.3M (2.4% of revenue) and net earnings $1.0M.
Source: EVI Industries 10-Q on SEC EDGAR.