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Interparfums (IPAR) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 5, 2025

Interparfums (IPAR) reported revenue of $334M for the second quarter 2025 (Q2 2025), -2% from a year earlier and -1% from the quarter before. Operating margin was 17.7%, net earnings $32.0M (9.6% of revenue).

Revenue$334M
Year over year-2%
Quarter over quarter-1%
Operating margin17.7%
Net earnings$32.0M

Interparfums, Q2 2025: revenue $334M (-2% year over year), operating margin 17.7%, net earnings $32.0M, operating cash flow $11.9M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$334M-1%-2%
Gross profit$221M+2%+0.2%
Operating profit$59.2M-21%-9%
Net earnings$32.0M-25%-13%
Operating cash flow$11.9M—-53%

What changed

Revenue was $333.9M in Q2 2025, down 2% year over year and down 1% from the previous quarter.

Gross margin was 66.2%, up 1.7 points from a year earlier. Operating profit was $59.2M, a 17.7% margin (down 1.2 points year over year). Operating expenses grew 4% against a revenue fall of 2%. Net earnings were $32.0M, down 13% year over year. The effective tax rate was 23.9%.

Operating cash flow was $11.9M (down 53% year over year), 29% of net income including minority interests. Non-cash charges added back $6.4M of depreciation and amortization and $390K of share-based compensation. Working capital and other items used $36.1M. Capital expenditures of $15.2M exceeded it, leaving free cash flow of −$3.3M.

Questions

What was Interparfums' revenue in the second quarter 2025?

Interparfums (IPAR) reported revenue of $334M for the second quarter 2025 (Q2 2025), -2% from a year earlier and -1% from the quarter before.

Was Interparfums profitable in the second quarter 2025?

Operating profit was $59.2M (17.7% of revenue) and net earnings $32.0M.

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Source: Interparfums 10-Q on SEC EDGAR.