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Fresenius Medical Care AG (FMS) Q2 2025 earnings results (second quarter 2025)

6-K filed Aug 5, 2025

Fresenius Medical Care AG (FMS) reported revenue of $4.8B for the second quarter 2025 (Q2 2025), +0.5% from a year earlier. Operating margin was 8.9%, net earnings $225M (4.7% of revenue).

Revenue$4.8B
Year over year+0.5%
Quarter over quarter—
Operating margin8.9%
Net earnings$225M

Fresenius Medical Care AG, Q2 2025: revenue $4.8B (+0.5% year over year), operating margin 8.9%, net earnings $225M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$4.8B—+0.5%
Operating profit$425M—+0.1%
Net earnings$225M—+20%

What changed

Revenue was €4.8B in Q2 2025, up 1% year over year. Healthcare services was the largest line at 67% of revenue. Insurance contracts added €0.10B year over year (up 24%), 376% of the total change. Healthcare services declined 3%.

Operating profit was €0.43B, a 8.9% margin (unchanged year over year). Of the extra revenue versus a year earlier, 2% reached operating profit, below the 9% margin then. Total costs grew 1% against revenue growth of 1%. Net earnings were €0.23B, up 20% year over year. The effective tax rate was 22.3%.

Questions

What was Fresenius Medical Care AG's revenue in the second quarter 2025?

Fresenius Medical Care AG (FMS) reported revenue of $4.8B for the second quarter 2025 (Q2 2025), +0.5% from a year earlier.

Was Fresenius Medical Care AG profitable in the second quarter 2025?

Operating profit was $425M (8.9% of revenue) and net earnings $225M.

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Source: Fresenius Medical Care AG 6-K on SEC EDGAR.