Filing Flows › Magnera (MAGN) › Q2 FY25
Magnera (MAGN) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 7, 2025
Magnera (MAGN) reported revenue of $824M for the second quarter fiscal 2025 (Q2 FY25), +48% from a year earlier and +17% from the quarter before. Operating margin was 0.5%, net loss $41.0M (5.0% of revenue).
Magnera, Q2 FY25: revenue $824M (+48% year over year), operating margin 0.5%, net loss $41.0M, operating cash flow $65.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $824M | +17% | +48% |
| Operating profit | $4.0M | -10% | — |
| Net earnings | −$41.0M | — | — |
| Operating cash flow | $65.0M | — | +225% |
| Free cash flow | $42.0M | — | — |
What changed
Revenue was $824.0M in Q2 FY25, up 48% year over year and up 17% from the previous quarter. Americas was the largest line at 57% of revenue. Rest of World added $168.0M year over year (up 92%), 63% of the total change.
Operating profit was $4.0M, a 0.5% margin (down 3.3 points year over year). Operating profit fell $17.0M even though revenue rose $266.0M versus a year earlier, so costs grew faster than sales. Total costs grew 53% against revenue growth of 48%. The fastest-growing cost line was Other operating costs (+76%). The quarter ended with a net loss of $41.0M, narrower than the previous quarter's $60.0M loss. Net interest and other expense of $44.0M was the main reason.
Operating cash flow was $65.0M (up 225% year over year). Non-cash charges added back $58.0M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $44.0M. Capital expenditures of $23.0M left free cash flow of $42.0M.
Questions
What was Magnera's revenue in the second quarter fiscal 2025?
Magnera (MAGN) reported revenue of $824M for the second quarter fiscal 2025 (Q2 FY25), +48% from a year earlier and +17% from the quarter before.
Was Magnera profitable in the second quarter fiscal 2025?
Operating profit was $4.0M (0.5% of revenue) and net loss $41.0M.
Source: Magnera 10-Q on SEC EDGAR.