Filing Flows › German American Bancorp (GABC) › Q2 2025
German American Bancorp (GABC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
German American Bancorp (GABC) reported revenue of $123M for the second quarter 2025 (Q2 2025), +36% from a year earlier and +11% from the quarter before. Operating margin was 31.8%, net earnings $31.4M (25.5% of revenue).
German American Bancorp, Q2 2025: revenue $123M (+36% year over year), operating margin 31.8%, net earnings $31.4M, operating cash flow $26.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $123M | +11% | +36% |
| Operating profit | $39.2M | +194% | +47% |
| Net earnings | $31.4M | +198% | +53% |
| Operating cash flow | $26.9M | -29% | +44% |
| Free cash flow | $26.2M | -29% | +54% |
What changed
Revenue was $123.2M in Q2 2025, up 36% year over year and up 11% from the previous quarter.
Operating profit was $39.2M, a 31.8% margin (up 2.4 points year over year). Of the extra revenue versus a year earlier, 38% reached operating profit, above the 29% margin then. Total costs grew 31% against revenue growth of 36%. The fastest-growing cost line was Sales & marketing (+43%). Net earnings were $31.4M, up 53% year over year. The effective tax rate was 19.9%.
Operating cash flow was $26.9M (up 44% year over year), 86% of net earnings. Non-cash charges added back $4.8M of depreciation and amortization and $799K of share-based compensation. Working capital and other items used $10.0M. Capital expenditures of $751K left free cash flow of $26.2M.
Questions
What was German American Bancorp's revenue in the second quarter 2025?
German American Bancorp (GABC) reported revenue of $123M for the second quarter 2025 (Q2 2025), +36% from a year earlier and +11% from the quarter before.
Was German American Bancorp profitable in the second quarter 2025?
Operating profit was $39.2M (31.8% of revenue) and net earnings $31.4M.