Filing Flows › National Bankshares (NKSH) › Q2 2025
National Bankshares (NKSH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
National Bankshares (NKSH) reported revenue of $13.3M for the second quarter 2025 (Q2 2025), +21% from a year earlier and +4% from the quarter before. Operating margin was 20.0%, net earnings $2.3M (17.3% of revenue).
National Bankshares, Q2 2025: revenue $13.3M (+21% year over year), operating margin 20.0%, net earnings $2.3M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.3M | +4% | +21% |
| Operating profit | $2.7M | -32% | — |
| Net earnings | $2.3M | -29% | — |
| Operating cash flow | $2.1M | -19% | — |
| Free cash flow | $1.5M | -5% | — |
What changed
Revenue was $13.3M in Q2 2025, up 21% year over year and up 4% from the previous quarter.
Operating profit was $2.7M, a 20.0% margin (up 24.4 points year over year). Total costs fell 7% while revenue rose 21%. Net earnings were $2.3M. The effective tax rate was 13.7%.
Operating cash flow was $2.1M, 90% of net earnings. Non-cash charges added back $356K of depreciation and amortization and $51K of share-based compensation. Working capital and other items used $629K. Capital expenditures of $543K left free cash flow of $1.5M.
Questions
What was National Bankshares' revenue in the second quarter 2025?
National Bankshares (NKSH) reported revenue of $13.3M for the second quarter 2025 (Q2 2025), +21% from a year earlier and +4% from the quarter before.
Was National Bankshares profitable in the second quarter 2025?
Operating profit was $2.7M (20.0% of revenue) and net earnings $2.3M.