Filing Flows › Metallus (MTUS) › Q3 2025
Metallus (MTUS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Metallus (MTUS) reported revenue of $306M for the third quarter 2025 (Q3 2025), +35% from a year earlier and +0.4% from the quarter before. Operating margin was 3.6%, net earnings $8.1M (2.6% of revenue).
Metallus, Q3 2025: revenue $306M (+35% year over year), operating margin 3.6%, net earnings $8.1M, operating cash flow $22.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $306M | +0.4% | +35% |
| Gross profit | $35.0M | +9% | +189% |
| Operating profit | $10.9M | +27% | — |
| Net earnings | $8.1M | +119% | — |
| Operating cash flow | $22.0M | -37% | — |
What changed
Revenue was $305.9M in Q3 2025, up 35% year over year and roughly flat from the previous quarter. Special Bar Quality Bars was the largest line at 61% of revenue. Special Bar Quality Bars added $59.5M year over year (up 47%), 76% of the total change.
Gross margin was 11.4%, up 6.1 points from a year earlier. Operating profit was $10.9M, a 3.6% margin (up 6.7 points year over year). Operating expenses grew 26% against revenue growth of 35%. Net earnings were $8.1M. The effective tax rate was 25.7%.
Operating cash flow was $22.0M, 272% of net earnings. Non-cash charges added back $14.3M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $4.2M. Capital expenditures of $28.4M exceeded it, leaving free cash flow of −$6.4M.
Questions
What was Metallus' revenue in the third quarter 2025?
Metallus (MTUS) reported revenue of $306M for the third quarter 2025 (Q3 2025), +35% from a year earlier and +0.4% from the quarter before.
Was Metallus profitable in the third quarter 2025?
Operating profit was $10.9M (3.6% of revenue) and net earnings $8.1M.
Source: Metallus 10-Q on SEC EDGAR.