Filing Flows › Materion (MTRN) › Q2 2025
Materion (MTRN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Materion (MTRN) reported revenue of $432M for the second quarter 2025 (Q2 2025), +1% from a year earlier and +3% from the quarter before. Operating margin was 8.5%, net earnings $25.1M (5.8% of revenue).
Materion, Q2 2025: revenue $432M (+1% year over year), operating margin 8.5%, net earnings $25.1M, operating cash flow $49.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $432M | +3% | +1% |
| Gross profit | $82.7M | +9% | +2% |
| Operating profit | $36.8M | +35% | +15% |
| Net earnings | $25.1M | +42% | +32% |
| Operating cash flow | $49.9M | +222% | +146% |
| Free cash flow | $35.7M | — | — |
What changed
Revenue was $431.7M in Q2 2025, up 1% year over year and up 3% from the previous quarter. Semiconductor was the largest line at 44% of revenue. Semiconductor added $11.9M year over year (up 7%), 205% of the total change. Consumer electronics declined 11%.
Gross margin was 19.1%, up 0.2 points from a year earlier. Operating profit was $36.8M, a 8.5% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 82% reached operating profit, above the 8% margin then. Operating expenses fell 6% while revenue rose 1%. Net earnings were $25.1M, up 32% year over year. The effective tax rate was 13.8%.
Operating cash flow was $49.9M (up 146% year over year), 199% of net earnings. Non-cash charges added back $17.5M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $4.8M. After payments for purchase of property, plant and equipment ($12.7M) and payments for mine development ($1.5M), free cash flow as the company reports it was $35.7M.
Questions
What was Materion's revenue in the second quarter 2025?
Materion (MTRN) reported revenue of $432M for the second quarter 2025 (Q2 2025), +1% from a year earlier and +3% from the quarter before.
Was Materion profitable in the second quarter 2025?
Operating profit was $36.8M (8.5% of revenue) and net earnings $25.1M.
Source: Materion 10-Q on SEC EDGAR.