Filing Flows › InfuSystem Holdings (INFU) › Q2 2025
InfuSystem Holdings (INFU) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
InfuSystem Holdings (INFU) reported revenue of $36.0M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +4% from the quarter before. Operating margin was 10.5%, net earnings $2.6M (7.2% of revenue).
InfuSystem Holdings, Q2 2025: revenue $36.0M (+7% year over year), operating margin 10.5%, net earnings $2.6M, operating cash flow $7.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $36.0M | +4% | +7% |
| Gross profit | $19.9M | +4% | +19% |
| Operating profit | $3.8M | +511% | +104% |
| Net earnings | $2.6M | — | +262% |
| Operating cash flow | $7.0M | +294% | +204% |
| Free cash flow | $6.8M | +312% | +244% |
What changed
Revenue was $36.0M in Q2 2025, up 7% year over year and up 4% from the previous quarter.
Gross margin was 55.2%, up 5.7 points from a year earlier. Operating profit was $3.8M, a 10.5% margin (up 5.0 points year over year). Of the extra revenue versus a year earlier, 83% reached operating profit, above the 6% margin then. Operating expenses grew 9% against revenue growth of 7%. The fastest-growing cost line was General & admin (+14%). Net earnings were $2.6M, up 262% year over year. The effective tax rate was 24.6%.
Operating cash flow was $7.0M (up 204% year over year), 270% of net earnings. Non-cash charges added back $3.3M of depreciation and amortization and $661K of share-based compensation. Working capital and other items added $408K. Capital expenditures of $217K left free cash flow of $6.8M.
Questions
What was InfuSystem Holdings' revenue in the second quarter 2025?
InfuSystem Holdings (INFU) reported revenue of $36.0M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +4% from the quarter before.
Was InfuSystem Holdings profitable in the second quarter 2025?
Operating profit was $3.8M (10.5% of revenue) and net earnings $2.6M.