Filing Flows › Integer Holdings (ITGR) › Q1 2025
Integer Holdings (ITGR) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 24, 2025
Integer Holdings (ITGR) reported revenue of $437M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -3% from the quarter before. Operating margin was 11.3%, net loss $22.5M (5.1% of revenue).
Integer Holdings, Q1 2025: revenue $437M (+7% year over year), operating margin 11.3%, net loss $22.5M, operating cash flow $31.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $437M | -3% | +7% |
| Operating profit | $49.6M | — | — |
| Net earnings | −$22.5M | — | — |
| Operating cash flow | $31.3M | -51% | +35% |
| Free cash flow | $6.1M | -86% | — |
What changed
Revenue was $437.4M in Q1 2025, up 7% year over year and down 3% from the previous quarter.
Gross margin was 27.5%, up 1.0 points from a year earlier. Operating profit was $49.6M, a 11.3% margin (up 1.8 points year over year). Of the extra revenue versus a year earlier, 37% reached operating profit, above the 9% margin then. Operating expenses grew 2% against revenue growth of 7%. The fastest-growing cost line was SG&A (+10%). The quarter ended with a net loss of $22.5M, after a profit of $32.7M the previous quarter. Net interest and other expense of $62.6M was the main reason.
Operating cash flow was $31.3M (up 35% year over year). Non-cash charges added back $29.8M of depreciation and amortization and $6.9M of share-based compensation. Working capital and other items added $17.1M. Capital expenditures of $25.2M left free cash flow of $6.1M.
Questions
What was Integer Holdings' revenue in the first quarter 2025?
Integer Holdings (ITGR) reported revenue of $437M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -3% from the quarter before.
Was Integer Holdings profitable in the first quarter 2025?
Operating profit was $49.6M (11.3% of revenue) and net loss $22.5M.
Source: Integer Holdings 10-Q on SEC EDGAR.