Filing Flows › Mercury General (MCY) › Q1 2025
Mercury General (MCY) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Mercury General (MCY) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), +9% from a year earlier and +2% from the quarter before. Operating margin was -10.2%, net loss $108M (7.8% of revenue).
Mercury General, Q1 2025: revenue $1.4B (+9% year over year), operating margin -10.2%, net loss $108M, operating cash flow −$68.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +2% | +9% |
| Operating profit | −$142M | — | — |
| Net earnings | −$108M | — | — |
| Operating cash flow | −$68.7M | — | — |
What changed
Revenue was $1.4B in Q1 2025, up 9% year over year and up 2% from the previous quarter.
Operating costs exceeded revenue by $0.14B, an operating margin of -10.2%. Total costs grew 30% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+30%). The quarter ended with a net loss of $0.11B, after a profit of $0.10B the previous quarter.
Operating cash flow was −$0.07B. Non-cash charges added back $0.02B of depreciation and amortization. Working capital and other items added $0.02B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.08B.
Questions
What was Mercury General's revenue in the first quarter 2025?
Mercury General (MCY) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), +9% from a year earlier and +2% from the quarter before.
Was Mercury General profitable in the first quarter 2025?
Operating loss was $142M (-10.2% of revenue) and net loss $108M.
Source: Mercury General 10-Q on SEC EDGAR.