Filing Flows › Nobility Homes (NOBH) › Q2 FY25
Nobility Homes (NOBH) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Jun 16, 2025
Nobility Homes (NOBH) reported revenue of $14.8M for the second quarter fiscal 2025 (Q2 FY25), +28% from a year earlier and +21% from the quarter before. Operating margin was 18.6%, net earnings $2.3M (15.5% of revenue).
Nobility Homes, Q2 FY25: revenue $14.8M (+28% year over year), operating margin 18.6%, net earnings $2.3M, operating cash flow $879K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.8M | +21% | +28% |
| Gross profit | $4.6M | +17% | +11% |
| Operating profit | $2.7M | +20% | +21% |
| Net earnings | $2.3M | +16% | +13% |
| Operating cash flow | $879K | -64% | -1% |
| Free cash flow | $829K | -64% | -4% |
What changed
Revenue was $14.8M in Q2 FY25, up 28% year over year and up 21% from the previous quarter. Manufactured Housing was the largest line at 99% of revenue. Manufactured Housing added $3.2M year over year (up 28%), 101% of the total change. Insurance Agent Commissions declined 18%.
Gross margin was 31.4%, down 4.8 points from a year earlier. Operating profit was $2.7M, a 18.6% margin (down 1.0 points year over year). Of the extra revenue versus a year earlier, 15% reached operating profit, below the 20% margin then. Operating expenses fell 1% while revenue rose 28%. Net earnings were $2.3M, up 13% year over year. The effective tax rate was 24.2%.
Operating cash flow was $879K (down 1% year over year), 38% of net earnings. Non-cash charges added back $43K of depreciation and $41K of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of $50K left free cash flow of $829K.
Questions
What was Nobility Homes' revenue in the second quarter fiscal 2025?
Nobility Homes (NOBH) reported revenue of $14.8M for the second quarter fiscal 2025 (Q2 FY25), +28% from a year earlier and +21% from the quarter before.
Was Nobility Homes profitable in the second quarter fiscal 2025?
Operating profit was $2.7M (18.6% of revenue) and net earnings $2.3M.
Source: Nobility Homes 10-Q on SEC EDGAR.