Filing Flows › Horace Mann Educators (HMN) › Q2 2025
Horace Mann Educators (HMN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Horace Mann Educators (HMN) reported revenue of $412M for the second quarter 2025 (Q2 2025), +6% from a year earlier and -1% from the quarter before. Operating margin was 8.9%, net earnings $29.4M (7.1% of revenue).
Horace Mann Educators, Q2 2025: revenue $412M (+6% year over year), operating margin 8.9%, net earnings $29.4M, operating cash flow $131M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $412M | -1% | +6% |
| Operating profit | $36.5M | -23% | +693% |
| Net earnings | $29.4M | -23% | +674% |
| Operating cash flow | $131M | -7% | +227% |
What changed
Revenue was $411.7M in Q2 2025, up 6% year over year and down 1% from the previous quarter.
Operating profit was $36.5M, a 8.9% margin (up 7.7 points year over year). Of the extra revenue versus a year earlier, 135% reached operating profit, above the 1% margin then. Total costs fell 2% while revenue rose 6%. Net earnings were $29.4M, up 674% year over year. The effective tax rate was 19.5%.
Operating cash flow was $131.3M (up 227% year over year), 447% of net earnings. Non-cash charges added back $6.6M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $92.7M.
Questions
What was Horace Mann Educators' revenue in the second quarter 2025?
Horace Mann Educators (HMN) reported revenue of $412M for the second quarter 2025 (Q2 2025), +6% from a year earlier and -1% from the quarter before.
Was Horace Mann Educators profitable in the second quarter 2025?
Operating profit was $36.5M (8.9% of revenue) and net earnings $29.4M.