Filing Flows › Fluor (FLR) › Q1 2025
Fluor (FLR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Fluor (FLR) reported revenue of $4.0B for the first quarter 2025 (Q1 2025), +7% from a year earlier and -7% from the quarter before. Operating margin was 2.3%, net loss $232M (5.8% of revenue).
Fluor, Q1 2025: revenue $4.0B (+7% year over year), operating margin 2.3%, net loss $232M, operating cash flow −$286M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | -7% | +7% |
| Operating profit | $91.0M | — | — |
| Net earnings | −$232M | — | — |
| Operating cash flow | −$286M | — | — |
What changed
Revenue was $4.0B in Q1 2025, up 7% year over year and down 7% from the previous quarter.
Gross margin was 3.5%, up 0.9 points from a year earlier. Operating profit was $0.09B, a 2.3% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, above the 1% margin then. Operating expenses grew 4% against revenue growth of 7%. The quarter ended with a net loss of $0.23B, after a profit of $1.9B the previous quarter. Net interest and other expense of $0.38B was the main reason.
Operating cash flow was −$0.29B. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.30B.
Questions
What was Fluor's revenue in the first quarter 2025?
Fluor (FLR) reported revenue of $4.0B for the first quarter 2025 (Q1 2025), +7% from a year earlier and -7% from the quarter before.
Was Fluor profitable in the first quarter 2025?
Operating profit was $91.0M (2.3% of revenue) and net loss $232M.
Source: Fluor 10-Q on SEC EDGAR.