Filing Flows › Kewaunee Scientific (KEQU) › Q3 FY25
Kewaunee Scientific (KEQU) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Mar 14, 2025
Kewaunee Scientific (KEQU) reported revenue of $67.2M for the third quarter fiscal 2025 (Q3 FY25), +44% from a year earlier and +41% from the quarter before. Operating margin was 3.3%, net earnings $1.4M (2.1% of revenue).
Kewaunee Scientific, Q3 FY25: revenue $67.2M (+44% year over year), operating margin 3.3%, net earnings $1.4M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.2M | +41% | +44% |
| Gross profit | $18.4M | +32% | +53% |
| Operating profit | $2.2M | -49% | -41% |
| Net earnings | $1.4M | -54% | -45% |
| Operating cash flow | −$2.3M | — | — |
What changed
Revenue was $67.2M in Q3 FY25, up 44% year over year and up 41% from the previous quarter.
Gross margin was 27.4%, up 1.6 points from a year earlier. Operating profit was $2.2M, a 3.3% margin (down 4.8 points year over year). Operating profit fell $1.6M even though revenue rose $20.4M versus a year earlier, so costs grew faster than sales. Operating expenses grew 96% against revenue growth of 44%. Net earnings were $1.4M, down 46% year over year. The effective tax rate was -8.5%.
Operating cash flow was −$2.3M. Non-cash charges added back $1.6M of depreciation and $380K of share-based compensation. Working capital and other items used $5.6M. Capital expenditures of $689K exceeded it, leaving free cash flow of −$3.0M.
Questions
What was Kewaunee Scientific's revenue in the third quarter fiscal 2025?
Kewaunee Scientific (KEQU) reported revenue of $67.2M for the third quarter fiscal 2025 (Q3 FY25), +44% from a year earlier and +41% from the quarter before.
Was Kewaunee Scientific profitable in the third quarter fiscal 2025?
Operating profit was $2.2M (3.3% of revenue) and net earnings $1.4M.