Filing Flows › Johnson Controls International (JCI) › Q2 FY25
Johnson Controls International (JCI) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 7, 2025
Johnson Controls International (JCI) reported revenue of $5.7B for the second quarter fiscal 2025 (Q2 FY25), +1% from a year earlier and +5% from the quarter before. Operating margin was 9.7%, net earnings $478M (8.4% of revenue).
Johnson Controls International, Q2 FY25: revenue $5.7B (+1% year over year), operating margin 9.7%, net earnings $478M, operating cash flow $550M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7B | +5% | +1% |
| Gross profit | $2.1B | +7% | +8% |
| Operating profit | $552M | +11% | — |
| Net earnings | $478M | +14% | — |
| Operating cash flow | $550M | +121% | — |
| Free cash flow | $456M | +243% | — |
What changed
Revenue was $5.7B in Q2 FY25, up 1% year over year and up 5% from the previous quarter. Building Solutions North America was the largest line at 51% of revenue. Building Solutions North America added $0.18B year over year (up 6%), 224% of the total change. Global Products declined 13%.
Gross margin was 36.5%, up 2.1 points from a year earlier. Operating profit was $0.55B, a 9.7% margin (up 16.6 points year over year). Operating expenses fell 34% while revenue rose 1%. Net earnings were $0.48B. The effective tax rate was 4.7%.
Operating cash flow was $0.55B, 105% of net income including minority interests. Non-cash charges added back $0.20B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.21B. Capital expenditures of $0.09B left free cash flow of $0.46B.
Questions
What was Johnson Controls International's revenue in the second quarter fiscal 2025?
Johnson Controls International (JCI) reported revenue of $5.7B for the second quarter fiscal 2025 (Q2 FY25), +1% from a year earlier and +5% from the quarter before.
Was Johnson Controls International profitable in the second quarter fiscal 2025?
Operating profit was $552M (9.7% of revenue) and net earnings $478M.