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Koppers Holdings (KOP) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 9, 2025

Koppers Holdings (KOP) reported revenue of $456M for the first quarter 2025 (Q1 2025), -8% from a year earlier and -4% from the quarter before. Operating margin was 5.9%, net loss $13.9M (3.0% of revenue).

Revenue$456M
Year over year-8%
Quarter over quarter-4%
Operating margin5.9%
Net earnings−$13.9M

Koppers Holdings, Q1 2025: revenue $456M (-8% year over year), operating margin 5.9%, net loss $13.9M, operating cash flow −$22.7M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$456M-4%-8%
Operating profit$27.0M——
Net earnings−$13.9M——
Operating cash flow−$22.7M——

What changed

Revenue was $456.5M in Q1 2025, down 8% year over year and down 4% from the previous quarter.

Operating profit was $27.0M, a 5.9% margin (down 1.0 points year over year). Total costs fell 7% while revenue fell 8%. The fastest-growing cost line was Other operating costs (+134%). The quarter ended with a net loss of $13.9M, wider than the previous quarter's $10.2M loss. Net interest and other expense of $44.2M was the main reason.

Operating cash flow was −$22.7M. Non-cash charges added back $18.0M of depreciation and amortization and $6.6M of share-based compensation. Working capital and other items used $33.4M. Capital expenditures of $14.3M exceeded it, leaving free cash flow of −$37.0M.

Questions

What was Koppers Holdings' revenue in the first quarter 2025?

Koppers Holdings (KOP) reported revenue of $456M for the first quarter 2025 (Q1 2025), -8% from a year earlier and -4% from the quarter before.

Was Koppers Holdings profitable in the first quarter 2025?

Operating profit was $27.0M (5.9% of revenue) and net loss $13.9M.

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Source: Koppers Holdings 10-Q on SEC EDGAR.