Filing Flows › FMC (FMC) › Q1 2025
FMC (FMC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
FMC (FMC) reported revenue of $791M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -35% from the quarter before. Operating margin was 7.4%, net loss $15.6M (2.0% of revenue).
FMC, Q1 2025: revenue $791M (-14% year over year), operating margin 7.4%, net loss $15.6M, operating cash flow −$545M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $791M | -35% | -14% |
| Operating profit | $58.2M | — | — |
| Net earnings | −$15.6M | — | — |
| Operating cash flow | −$545M | — | — |
What changed
Revenue was $791.4M in Q1 2025, down 14% year over year and down 35% from the previous quarter. Insecticides was the largest line at 51% of revenue. Insecticides lost $98.6M year over year (down 20%), 78% of the total change.
Gross margin was 40.0%, up 3.0 points from a year earlier. Operating profit was $58.2M, a 7.4% margin (down 0.7 points year over year). Operating expenses fell 3% while revenue fell 14%. The fastest-growing cost line was Research & development (+13%). The quarter ended with a net loss of $15.6M, narrower than the previous quarter's $16.1M loss. Net interest and other expense of $60.3M was the main reason.
Operating cash flow was −$545.0M. Non-cash charges added back $43.7M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items used $577.3M. Capital expenditures of $31.6M exceeded it, leaving free cash flow of −$576.6M.
Questions
What was FMC's revenue in the first quarter 2025?
FMC (FMC) reported revenue of $791M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -35% from the quarter before.
Was FMC profitable in the first quarter 2025?
Operating profit was $58.2M (7.4% of revenue) and net loss $15.6M.
Source: FMC 10-Q on SEC EDGAR.