Filing Flows › Metallus (MTUS) › Q2 2025
Metallus (MTUS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Metallus (MTUS) reported revenue of $305M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +9% from the quarter before. Operating margin was 2.8%, net earnings $3.7M (1.2% of revenue).
Metallus, Q2 2025: revenue $305M (+3% year over year), operating margin 2.8%, net earnings $3.7M, operating cash flow $34.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $305M | +9% | +3% |
| Gross profit | $32.2M | +47% | +34% |
| Operating profit | $8.6M | +197% | +41% |
| Net earnings | $3.7M | +185% | -20% |
| Operating cash flow | $34.8M | — | +319% |
| Free cash flow | $17.0M | — | — |
What changed
Revenue was $304.6M in Q2 2025, up 3% year over year and up 9% from the previous quarter. Special Bar Quality Bars was the largest line at 61% of revenue. Special Bar Quality Bars added $6.2M year over year (up 3%), 63% of the total change. Other Products declined 6%.
Gross margin was 10.6%, up 2.4 points from a year earlier. Operating profit was $8.6M, a 2.8% margin (up 0.8 points year over year). Of the extra revenue versus a year earlier, 25% reached operating profit, above the 2% margin then. Operating expenses grew 31% against revenue growth of 3%. Net earnings were $3.7M, down 20% year over year. The effective tax rate was 57.0%.
Operating cash flow was $34.8M (up 319% year over year), 941% of net earnings. Non-cash charges added back $14.1M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $13.3M. Capital expenditures of $17.8M left free cash flow of $17.0M.
Questions
What was Metallus' revenue in the second quarter 2025?
Metallus (MTUS) reported revenue of $305M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +9% from the quarter before.
Was Metallus profitable in the second quarter 2025?
Operating profit was $8.6M (2.8% of revenue) and net earnings $3.7M.
Source: Metallus 10-Q on SEC EDGAR.