Filing Flows › Altria Group (MO) › Q2 2025
Altria Group (MO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Altria Group (MO) reported revenue of $6.1B for the second quarter 2025 (Q2 2025), -2% from a year earlier and +16% from the quarter before. Operating margin was 52.9%, net earnings $2.4B (39.0% of revenue).
Altria Group, Q2 2025: revenue $6.1B (-2% year over year), operating margin 52.9%, net earnings $2.4B, operating cash flow $205M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.1B | +16% | -2% |
| Gross profit | $3.9B | +18% | +5% |
| Operating profit | $3.2B | +81% | +28% |
| Net earnings | $2.4B | +121% | -37% |
| Operating cash flow | $205M | -92% | — |
| Free cash flow | $173M | -94% | — |
What changed
Revenue was $6.1B in Q2 2025, down 2% year over year and up 16% from the previous quarter. Smokeable Products Segment was the largest line at 88% of revenue. Smokeable Products Segment lost $0.14B year over year (down 3%), 129% of the total change.
Gross margin was 63.1%, up 3.9 points from a year earlier. Operating profit was $3.2B, a 52.9% margin (up 12.1 points year over year). Operating expenses fell 46% while revenue fell 2%. Net earnings were $2.4B, down 37% year over year. The effective tax rate was 23.7%.
Operating cash flow was $0.20B, 9% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization. Working capital and other items used $2.2B. Capital expenditures of $0.03B left free cash flow of $0.17B.
Questions
What was Altria Group's revenue in the second quarter 2025?
Altria Group (MO) reported revenue of $6.1B for the second quarter 2025 (Q2 2025), -2% from a year earlier and +16% from the quarter before.
Was Altria Group profitable in the second quarter 2025?
Operating profit was $3.2B (52.9% of revenue) and net earnings $2.4B.
Source: Altria Group 10-Q on SEC EDGAR.