Filing Flows › Newmarket (NEU) › Q2 2025
Newmarket (NEU) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Newmarket (NEU) reported revenue of $699M for the second quarter 2025 (Q2 2025), -2% from a year earlier and -0.3% from the quarter before. Operating margin was 20.5%, net earnings $111M (15.9% of revenue).
Newmarket, Q2 2025: revenue $699M (-2% year over year), operating margin 20.5%, net earnings $111M, operating cash flow $161M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $699M | -0.3% | -2% |
| Gross profit | $221M | -6% | +1% |
| Operating profit | $143M | -10% | -3% |
| Net earnings | $111M | -12% | -0.3% |
| Operating cash flow | $161M | +34% | +40% |
| Free cash flow | $140M | +42% | +45% |
What changed
Revenue was $698.5M in Q2 2025, down 2% year over year and roughly flat from the previous quarter.
Gross margin was 31.6%, up 0.9 points from a year earlier. Operating profit was $143.2M, a 20.5% margin (down 0.2 points year over year). Operating expenses grew 9% against a revenue fall of 2%. The fastest-growing cost line was Research & development (+13%). Net earnings were $111.2M, roughly flat year over year. The effective tax rate was 24.7%.
Operating cash flow was $161.1M (up 40% year over year), 145% of net earnings. Non-cash charges added back $28.5M of depreciation and amortization. Working capital and other items added $21.3M. Capital expenditures of $21.6M left free cash flow of $139.5M.
Questions
What was Newmarket's revenue in the second quarter 2025?
Newmarket (NEU) reported revenue of $699M for the second quarter 2025 (Q2 2025), -2% from a year earlier and -0.3% from the quarter before.
Was Newmarket profitable in the second quarter 2025?
Operating profit was $143M (20.5% of revenue) and net earnings $111M.
Source: Newmarket 10-Q on SEC EDGAR.