Filing Flows › JBT Marel (JBTM) › Q2 2025
JBT Marel (JBTM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
JBT Marel (JBTM) reported revenue of $935M for the second quarter 2025 (Q2 2025), +122% from a year earlier and +9% from the quarter before. Operating margin was 5.1%, net earnings $3.4M (0.4% of revenue).
JBT Marel, Q2 2025: revenue $935M (+122% year over year), operating margin 5.1%, net earnings $3.4M, operating cash flow $103M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $935M | +9% | +122% |
| Operating profit | $48.0M | — | +79% |
| Net earnings | $3.4M | — | -89% |
| Operating cash flow | $103M | +203% | +377% |
| Free cash flow | $84.0M | +500% | +657% |
What changed
Revenue was $935.0M in Q2 2025, up 122% year over year and up 9% from the previous quarter. Marel was the largest line at 51% of revenue. JBT added $52.3M year over year (up 13%), 10% of the total change.
Operating profit was $48.0M, a 5.1% margin (down 1.2 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 6% margin then. Total costs grew 125% against revenue growth of 122%. The fastest-growing cost line was Research & development (+433%). Net earnings were $3.4M, down 89% year over year. The effective tax rate was 70.2%.
Operating cash flow was $103.0M (up 377% year over year), 3029% of net earnings. Non-cash charges added back $4.0M of share-based compensation. Working capital and other items added $95.6M. Capital expenditures of $19.0M left free cash flow of $84.0M.
Questions
What was JBT Marel's revenue in the second quarter 2025?
JBT Marel (JBTM) reported revenue of $935M for the second quarter 2025 (Q2 2025), +122% from a year earlier and +9% from the quarter before.
Was JBT Marel profitable in the second quarter 2025?
Operating profit was $48.0M (5.1% of revenue) and net earnings $3.4M.
Source: JBT Marel 10-Q on SEC EDGAR.