Filing Flows › Graco (GGG) › Q1 2025
Graco (GGG) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 23, 2025
Graco (GGG) reported revenue of $528M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -4% from the quarter before. Operating margin was 27.3%, net earnings $124M (23.5% of revenue).
Graco, Q1 2025: revenue $528M (+7% year over year), operating margin 27.3%, net earnings $124M, operating cash flow $125M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $528M | -4% | +7% |
| Gross profit | $278M | -0.6% | +4% |
| Operating profit | $144M | +11% | +8% |
| Net earnings | $124M | +14% | +2% |
| Operating cash flow | $125M | -32% | +5% |
| Free cash flow | $115M | -33% | +40% |
What changed
Revenue was $528.3M in Q1 2025, up 7% year over year and down 4% from the previous quarter.
Gross margin was 52.6%, down 1.5 points from a year earlier. Operating profit was $144.0M, a 27.3% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 31% reached operating profit, above the 27% margin then. Operating expenses grew 0% against revenue growth of 7%. Net earnings were $124.1M, up 2% year over year. The effective tax rate was 18.1%.
Operating cash flow was $125.4M (up 5% year over year), 101% of net earnings. Non-cash charges added back $24.7M of depreciation and amortization and $7.4M of share-based compensation. Working capital and other items used $30.7M. Capital expenditures of $10.6M left free cash flow of $114.8M.
Questions
What was Graco's revenue in the first quarter 2025?
Graco (GGG) reported revenue of $528M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -4% from the quarter before.
Was Graco profitable in the first quarter 2025?
Operating profit was $144M (27.3% of revenue) and net earnings $124M.
Source: Graco 10-Q on SEC EDGAR.