Filing Flows › Marcus (MCS) › Q2 2025
Marcus (MCS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
Marcus (MCS) reported revenue of $206M for the second quarter 2025 (Q2 2025), +17% from a year earlier and +39% from the quarter before. Operating margin was 6.3%, net earnings $7.3M (3.6% of revenue).
Marcus, Q2 2025: revenue $206M (+17% year over year), operating margin 6.3%, net earnings $7.3M, operating cash flow $31.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $206M | +39% | +17% |
| Operating profit | $13.0M | — | +481% |
| Net earnings | $7.3M | — | — |
| Operating cash flow | $31.6M | — | -12% |
| Free cash flow | $14.7M | — | -9% |
What changed
Revenue was $206.0M in Q2 2025, up 17% year over year and up 39% from the previous quarter.
Operating profit was $13.0M, a 6.3% margin (up 5.0 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, above the 1% margin then. Total costs grew 11% against revenue growth of 17%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $7.3M. The effective tax rate was 27.3%.
Operating cash flow was $31.6M (down 12% year over year), 432% of net earnings. Non-cash charges added back $17.6M of depreciation and $1.4M of share-based compensation. Working capital and other items added $5.3M. Capital expenditures of $16.9M left free cash flow of $14.7M.
Questions
What was Marcus' revenue in the second quarter 2025?
Marcus (MCS) reported revenue of $206M for the second quarter 2025 (Q2 2025), +17% from a year earlier and +39% from the quarter before.
Was Marcus profitable in the second quarter 2025?
Operating profit was $13.0M (6.3% of revenue) and net earnings $7.3M.
Source: Marcus 10-Q on SEC EDGAR.