Filing Flows › Hamilton Beach Brands Holding (HBB) › Q1 2025
Hamilton Beach Brands Holding (HBB) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Hamilton Beach Brands Holding (HBB) reported revenue of $133M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -38% from the quarter before. Operating margin was 1.7%, net earnings $1.8M (1.4% of revenue).
Hamilton Beach Brands Holding, Q1 2025: revenue $133M (+4% year over year), operating margin 1.7%, net earnings $1.8M, operating cash flow $6.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $133M | -38% | +4% |
| Gross profit | $32.8M | -41% | +9% |
| Operating profit | $2.3M | -90% | — |
| Net earnings | $1.8M | -92% | — |
| Operating cash flow | $6.6M | -78% | -66% |
| Free cash flow | $6.1M | -79% | -67% |
What changed
Revenue was $133.4M in Q1 2025, up 4% year over year and down 38% from the previous quarter.
Gross margin was 24.6%, up 1.1 points from a year earlier. Operating profit was $2.3M, a 1.7% margin (up 2.5 points year over year). Operating expenses fell 2% while revenue rose 4%. Net earnings were $1.8M. The effective tax rate was 28.8%.
Operating cash flow was $6.6M (down 66% year over year), 367% of net earnings. Non-cash charges added back $1.2M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $2.4M. Capital expenditures of $516K left free cash flow of $6.1M.
Questions
What was Hamilton Beach Brands Holding's revenue in the first quarter 2025?
Hamilton Beach Brands Holding (HBB) reported revenue of $133M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -38% from the quarter before.
Was Hamilton Beach Brands Holding profitable in the first quarter 2025?
Operating profit was $2.3M (1.7% of revenue) and net earnings $1.8M.