Filing Flows › Helios Technologies (HLIO) › Q1 2025
Helios Technologies (HLIO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Helios Technologies (HLIO) reported revenue of $196M for the first quarter 2025 (Q1 2025), -8% from a year earlier and +9% from the quarter before. Operating margin was 8.7%, net earnings $7.3M (3.7% of revenue).
Helios Technologies, Q1 2025: revenue $196M (-8% year over year), operating margin 8.7%, net earnings $7.3M, operating cash flow $19.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $196M | +9% | -8% |
| Gross profit | $59.9M | +11% | -11% |
| Operating profit | $17.0M | +28% | -16% |
| Net earnings | $7.3M | +52% | -21% |
| Operating cash flow | $19.0M | -47% | +7% |
| Free cash flow | $12.9M | -54% | +5% |
What changed
Revenue was $195.5M in Q1 2025, down 8% year over year and up 9% from the previous quarter.
Gross margin was 30.6%, down 1.1 points from a year earlier. Operating profit was $17.0M, a 8.7% margin (down 0.9 points year over year). Operating expenses fell 9% while revenue fell 8%. Net earnings were $7.3M, down 21% year over year. The effective tax rate was 23.2%.
Operating cash flow was $19.0M (up 7% year over year), 260% of net earnings. Non-cash charges added back $16.0M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $5.8M. Capital expenditures of $6.1M left free cash flow of $12.9M.
Questions
What was Helios Technologies' revenue in the first quarter 2025?
Helios Technologies (HLIO) reported revenue of $196M for the first quarter 2025 (Q1 2025), -8% from a year earlier and +9% from the quarter before.
Was Helios Technologies profitable in the first quarter 2025?
Operating profit was $17.0M (8.7% of revenue) and net earnings $7.3M.