Filing Flows › Kaiser Aluminum (KALU) › Q2 2025
Kaiser Aluminum (KALU) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
Kaiser Aluminum (KALU) reported revenue of $823M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +6% from the quarter before. Operating margin was 4.6%, net earnings $23.2M (2.8% of revenue).
Kaiser Aluminum, Q2 2025: revenue $823M (+6% year over year), operating margin 4.6%, net earnings $23.2M, operating cash flow $15.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $823M | +6% | +6% |
| Operating profit | $38.0M | -8% | +5% |
| Net earnings | $23.2M | +7% | +23% |
| Operating cash flow | $15.9M | -72% | -40% |
What changed
Revenue was $823.1M in Q2 2025, up 6% year over year and up 6% from the previous quarter. Packaging was the largest line at 41% of revenue. Packaging added $28.5M year over year (up 9%), 57% of the total change. Automotive Extrusions declined 1%.
Operating profit was $38.0M, a 4.6% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 5% margin then. Total costs grew 6% against revenue growth of 6%. Net earnings were $23.2M, up 23% year over year. The effective tax rate was 22.4%.
Operating cash flow was $15.9M (down 40% year over year), 69% of net earnings. Non-cash charges added back $29.6M of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items used $41.6M. Capital expenditures of $43.6M exceeded it, leaving free cash flow of −$27.7M.
Questions
What was Kaiser Aluminum's revenue in the second quarter 2025?
Kaiser Aluminum (KALU) reported revenue of $823M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +6% from the quarter before.
Was Kaiser Aluminum profitable in the second quarter 2025?
Operating profit was $38.0M (4.6% of revenue) and net earnings $23.2M.
Source: Kaiser Aluminum 10-Q on SEC EDGAR.