Filing Flows › Franklin Electric (FELE) › Q1 2025
Franklin Electric (FELE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Franklin Electric (FELE) reported revenue of $455M for the first quarter 2025 (Q1 2025), -1% from a year earlier and -6% from the quarter before. Operating margin was 9.7%, net earnings $31.0M (6.8% of revenue).
Franklin Electric, Q1 2025: revenue $455M (-1% year over year), operating margin 9.7%, net earnings $31.0M, operating cash flow −$19.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $455M | -6% | -1% |
| Gross profit | $164M | -0.2% | +0.2% |
| Operating profit | $44.1M | +2% | -8% |
| Net earnings | $31.0M | -8% | -6% |
| Operating cash flow | −$19.5M | — | — |
What changed
Revenue was $455.2M in Q1 2025, down 1% year over year and down 6% from the previous quarter.
Gross margin was 36.0%, up 0.5 points from a year earlier. Operating profit was $44.1M, a 9.7% margin (down 0.7 points year over year). Operating expenses grew 4% against a revenue fall of 1%. Net earnings were $31.0M, down 6% year over year. The effective tax rate was 25.0%.
Operating cash flow was −$19.5M. Non-cash charges added back $14.4M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $70.2M. Capital expenditures of $6.8M exceeded it, leaving free cash flow of −$26.3M.
Questions
What was Franklin Electric's revenue in the first quarter 2025?
Franklin Electric (FELE) reported revenue of $455M for the first quarter 2025 (Q1 2025), -1% from a year earlier and -6% from the quarter before.
Was Franklin Electric profitable in the first quarter 2025?
Operating profit was $44.1M (9.7% of revenue) and net earnings $31.0M.
Source: Franklin Electric 10-Q on SEC EDGAR.