Filing Flows › NPK International (NPKI) › Q1 2025
NPK International (NPKI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
NPK International (NPKI) reported revenue of $64.8M for the first quarter 2025 (Q1 2025), +32% from a year earlier and +13% from the quarter before. Operating margin was 20.9%, net earnings $10.0M (15.4% of revenue).
NPK International, Q1 2025: revenue $64.8M (+32% year over year), operating margin 20.9%, net earnings $10.0M, operating cash flow $8.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.8M | +13% | +32% |
| Operating profit | $13.5M | +16% | +94% |
| Net earnings | $10.0M | +15% | +37% |
| Operating cash flow | $8.8M | — | -26% |
What changed
Revenue was $64.8M in Q1 2025, up 32% year over year and up 13% from the previous quarter.
Operating profit was $13.5M, a 20.9% margin (up 6.7 points year over year). Of the extra revenue versus a year earlier, 42% reached operating profit, above the 14% margin then. Total costs grew 22% against revenue growth of 32%. Net earnings were $10.0M, up 37% year over year. The effective tax rate was 26.0%.
Operating cash flow was $8.8M (down 26% year over year), 88% of net earnings. Non-cash charges added back $5.8M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $8.2M. Capital expenditures of $10.0M exceeded it, leaving free cash flow of −$1.2M.
Questions
What was NPK International's revenue in the first quarter 2025?
NPK International (NPKI) reported revenue of $64.8M for the first quarter 2025 (Q1 2025), +32% from a year earlier and +13% from the quarter before.
Was NPK International profitable in the first quarter 2025?
Operating profit was $13.5M (20.9% of revenue) and net earnings $10.0M.
Source: NPK International 10-Q on SEC EDGAR.