Filing Flows › Integer Holdings (ITGR) › Q2 2025
Integer Holdings (ITGR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
Integer Holdings (ITGR) reported revenue of $476M for the second quarter 2025 (Q2 2025), +11% from a year earlier and +9% from the quarter before. Operating margin was 12.5%, net earnings $37.0M (7.8% of revenue).
Integer Holdings, Q2 2025: revenue $476M (+11% year over year), operating margin 12.5%, net earnings $37.0M, operating cash flow $43.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $476M | +9% | +11% |
| Gross profit | $129M | +7% | +10% |
| Operating profit | $59.3M | +20% | +9% |
| Net earnings | $37.0M | — | +18% |
| Operating cash flow | $43.9M | +40% | -7% |
| Free cash flow | $24.9M | +310% | +55% |
What changed
Revenue was $476.5M in Q2 2025, up 11% year over year and up 9% from the previous quarter.
Gross margin was 27.1%, down 0.3 points from a year earlier. Operating profit was $59.3M, a 12.5% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, below the 13% margin then. Operating expenses grew 11% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+236%). Net earnings were $37.0M, up 18% year over year. The effective tax rate was 18.8%.
Operating cash flow was $43.9M (down 7% year over year), 119% of net earnings. Non-cash charges added back $32.3M of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items used $31.1M. Capital expenditures of $19.0M left free cash flow of $24.9M.
Questions
What was Integer Holdings' revenue in the second quarter 2025?
Integer Holdings (ITGR) reported revenue of $476M for the second quarter 2025 (Q2 2025), +11% from a year earlier and +9% from the quarter before.
Was Integer Holdings profitable in the second quarter 2025?
Operating profit was $59.3M (12.5% of revenue) and net earnings $37.0M.
Source: Integer Holdings 10-Q on SEC EDGAR.