Filing Flows › Hillman Solutions (HLMN) › Q2 2025
Hillman Solutions (HLMN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Hillman Solutions (HLMN) reported revenue of $403M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +12% from the quarter before. Operating margin was 9.0%, net earnings $15.8M (3.9% of revenue).
Hillman Solutions, Q2 2025: revenue $403M (+6% year over year), operating margin 9.0%, net earnings $15.8M, operating cash flow $48.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $403M | +12% | +6% |
| Operating profit | $36.3M | +142% | +15% |
| Net earnings | $15.8M | — | +26% |
| Operating cash flow | $48.7M | — | -25% |
| Free cash flow | $31.2M | — | -27% |
What changed
Revenue was $402.8M in Q2 2025, up 6% year over year and up 12% from the previous quarter. Fastening and Hardware was the largest line at 70% of revenue. Personal Protection Solutions added $14.8M year over year (up 31%), 63% of the total change. Engraving declined 23%.
Operating profit was $36.3M, a 9.0% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, above the 8% margin then. Total costs grew 5% against revenue growth of 6%. Net earnings were $15.8M, up 26% year over year. The effective tax rate was 29.4%.
Operating cash flow was $48.7M (down 25% year over year), 308% of net earnings. Non-cash charges added back $35.1M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $5.8M. After capital expenditures ($17.5M), free cash flow as the company reports it was $31.2M.
Questions
What was Hillman Solutions' revenue in the second quarter 2025?
Hillman Solutions (HLMN) reported revenue of $403M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +12% from the quarter before.
Was Hillman Solutions profitable in the second quarter 2025?
Operating profit was $36.3M (9.0% of revenue) and net earnings $15.8M.
Source: Hillman Solutions 10-Q on SEC EDGAR.