Filing Flows › Gencor Industries (GENC) › Q2 FY25
Gencor Industries (GENC) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Jul 25, 2025
Gencor Industries (GENC) reported revenue of $38.2M for the second quarter fiscal 2025 (Q2 FY25), -6% from a year earlier and +22% from the quarter before. Operating margin was 17.0%, net earnings $6.1M (16.0% of revenue).
Gencor Industries, Q2 FY25: revenue $38.2M (-6% year over year), operating margin 17.0%, net earnings $6.1M, operating cash flow $12.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38.2M | +22% | -6% |
| Gross profit | $11.4M | +31% | -8% |
| Operating profit | $6.5M | +40% | -8% |
| Net earnings | $6.1M | +60% | -2% |
| Operating cash flow | $12.4M | -16% | +7% |
| Free cash flow | $12.3M | -15% | +6% |
What changed
Revenue was $38.2M in Q2 FY25, down 6% year over year and up 22% from the previous quarter.
Gross margin was 29.7%, down 0.6 points from a year earlier. Operating profit was $6.5M, a 17.0% margin (down 0.4 points year over year). Operating expenses fell 7% while revenue fell 6%. Net earnings were $6.1M, down 2% year over year. The effective tax rate was 26.0%. Non-operating items added $1.8M, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $12.4M (up 7% year over year), 204% of net earnings. Non-cash charges added back $584K of depreciation and amortization. Working capital and other items added $5.8M. Capital expenditures of $141K left free cash flow of $12.3M.
Questions
What was Gencor Industries' revenue in the second quarter fiscal 2025?
Gencor Industries (GENC) reported revenue of $38.2M for the second quarter fiscal 2025 (Q2 FY25), -6% from a year earlier and +22% from the quarter before.
Was Gencor Industries profitable in the second quarter fiscal 2025?
Operating profit was $6.5M (17.0% of revenue) and net earnings $6.1M.
Source: Gencor Industries 10-Q on SEC EDGAR.