Filing Flows › Idaho Strategic Resources (IDR) › Q2 2025
Idaho Strategic Resources (IDR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Idaho Strategic Resources (IDR) reported revenue of $9.5M for the second quarter 2025 (Q2 2025), +55% from a year earlier and +30% from the quarter before. Operating margin was 26.6%, net earnings $2.8M (29.2% of revenue).
Idaho Strategic Resources, Q2 2025: revenue $9.5M (+55% year over year), operating margin 26.6%, net earnings $2.8M, operating cash flow $3.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.5M | +30% | +55% |
| Gross profit | $5.5M | +48% | +78% |
| Operating profit | $2.5M | +80% | +20% |
| Net earnings | $2.8M | +72% | +28% |
| Operating cash flow | $3.6M | +49% | +37% |
| Free cash flow | $2.5M | +151% | +7% |
What changed
Revenue was $9.5M in Q2 2025, up 55% year over year and up 30% from the previous quarter.
Gross margin was 57.8%, up 7.6 points from a year earlier. Operating profit was $2.5M, a 26.6% margin (down 7.7 points year over year). Of the extra revenue versus a year earlier, 13% reached operating profit, below the 34% margin then. Operating expenses grew 203% against revenue growth of 55%. The fastest-growing cost line was Other operating costs (+243%). Net earnings were $2.8M, up 28% year over year ($2.7M including minority interests, which bore $27K of losses). The effective tax rate was 0.0%.
Operating cash flow was $3.6M (up 37% year over year), 131% of net earnings. Non-cash charges added back $542K of depreciation and amortization and $495K of share-based compensation. Capital expenditures of $1.1M left free cash flow of $2.5M.
Questions
What was Idaho Strategic Resources' revenue in the second quarter 2025?
Idaho Strategic Resources (IDR) reported revenue of $9.5M for the second quarter 2025 (Q2 2025), +55% from a year earlier and +30% from the quarter before.
Was Idaho Strategic Resources profitable in the second quarter 2025?
Operating profit was $2.5M (26.6% of revenue) and net earnings $2.8M.