Filing Flows › Graco (GGG) › Q2 2025
Graco (GGG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 23, 2025
Graco (GGG) reported revenue of $572M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +8% from the quarter before. Operating margin was 27.5%, net earnings $128M (22.3% of revenue).
Graco, Q2 2025: revenue $572M (+3% year over year), operating margin 27.5%, net earnings $128M, operating cash flow $183M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $572M | +8% | +3% |
| Gross profit | $300M | +8% | -0.4% |
| Operating profit | $157M | +9% | -2% |
| Net earnings | $128M | +3% | -4% |
| Operating cash flow | $183M | +46% | +31% |
| Free cash flow | $163M | +42% | +59% |
What changed
Revenue was $571.8M in Q2 2025, up 3% year over year and up 8% from the previous quarter.
Gross margin was 52.4%, down 2.0 points from a year earlier. Operating profit was $157.5M, a 27.5% margin (down 1.6 points year over year). Operating profit fell $3.9M even though revenue rose $18.6M versus a year earlier, so costs grew faster than sales. Operating expenses grew 2% against revenue growth of 3%. Net earnings were $127.6M, down 4% year over year. The effective tax rate was 19.3%.
Operating cash flow was $182.7M (up 31% year over year), 143% of net earnings. Non-cash charges added back $27.1M of depreciation and amortization and $9.2M of share-based compensation. Working capital and other items added $18.7M. Capital expenditures of $19.6M left free cash flow of $163.1M.
Questions
What was Graco's revenue in the second quarter 2025?
Graco (GGG) reported revenue of $572M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +8% from the quarter before.
Was Graco profitable in the second quarter 2025?
Operating profit was $157M (27.5% of revenue) and net earnings $128M.
Source: Graco 10-Q on SEC EDGAR.