Filing Flows › Innospec (IOSP) › Q1 2025
Innospec (IOSP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Innospec (IOSP) reported revenue of $441M for the first quarter 2025 (Q1 2025), -12% from a year earlier and -6% from the quarter before. Operating margin was 9.6%, net earnings $32.8M (7.4% of revenue).
Innospec, Q1 2025: revenue $441M (-12% year over year), operating margin 9.6%, net earnings $32.8M, operating cash flow $28.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $441M | -6% | -12% |
| Gross profit | $125M | -8% | -20% |
| Operating profit | $42.5M | +3% | -16% |
| Net earnings | $32.8M | — | -21% |
| Operating cash flow | $28.3M | +10% | -65% |
| Free cash flow | $19.9M | +46% | -72% |
What changed
Revenue was $440.8M in Q1 2025, down 12% year over year and down 6% from the previous quarter.
Gross margin was 28.4%, down 2.7 points from a year earlier. Operating profit was $42.5M, a 9.6% margin (down 0.5 points year over year). Operating expenses fell 21% while revenue fell 12%. Net earnings were $32.8M, down 21% year over year. The effective tax rate was 25.7%.
Operating cash flow was $28.3M (down 65% year over year), 84% of net income including minority interests. Non-cash charges added back $10.9M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $18.1M. Capital expenditures of $8.4M left free cash flow of $19.9M.
Questions
What was Innospec's revenue in the first quarter 2025?
Innospec (IOSP) reported revenue of $441M for the first quarter 2025 (Q1 2025), -12% from a year earlier and -6% from the quarter before.
Was Innospec profitable in the first quarter 2025?
Operating profit was $42.5M (9.6% of revenue) and net earnings $32.8M.
Source: Innospec 10-Q on SEC EDGAR.