Filing Flows › FMC (FMC) › Q2 2025
FMC (FMC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
FMC (FMC) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +1% from a year earlier and +33% from the quarter before. Operating margin was 12.0%, net earnings $66.7M (6.3% of revenue).
FMC, Q2 2025: revenue $1.1B (+1% year over year), operating margin 12.0%, net earnings $66.7M, operating cash flow $65.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +33% | +1% |
| Gross profit | $406M | +28% | +2% |
| Operating profit | $126M | +117% | +103% |
| Net earnings | $66.7M | — | -77% |
| Operating cash flow | $65.9M | — | -77% |
| Free cash flow | $50.9M | — | -82% |
What changed
Revenue was $1.1B in Q2 2025, up 1% year over year and up 33% from the previous quarter. Insecticides was the largest line at 50% of revenue. Herbicides added $0.04B year over year (up 12%), 326% of the total change. Insecticides declined 8%.
Gross margin was 38.7%, up 0.3 points from a year earlier. Operating profit was $0.13B, a 12.0% margin (up 6.0 points year over year). Of the extra revenue versus a year earlier, 530% reached operating profit, above the 6% margin then. Operating expenses fell 17% while revenue rose 1%. Net earnings were $0.07B, down 77% year over year. The effective tax rate was 17.5%.
Operating cash flow was $0.07B (down 77% year over year), 97% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.05B. Capital expenditures of $0.01B left free cash flow of $0.05B.
Questions
What was FMC's revenue in the second quarter 2025?
FMC (FMC) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +1% from a year earlier and +33% from the quarter before.
Was FMC profitable in the second quarter 2025?
Operating profit was $126M (12.0% of revenue) and net earnings $66.7M.
Source: FMC 10-Q on SEC EDGAR.