Filing Flows › NPK International (NPKI) › Q2 2025
NPK International (NPKI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
NPK International (NPKI) reported revenue of $68.2M for the second quarter 2025 (Q2 2025), +2% from a year earlier and +5% from the quarter before. Operating margin was 17.0%, net earnings $8.7M (12.7% of revenue).
NPK International, Q2 2025: revenue $68.2M (+2% year over year), operating margin 17.0%, net earnings $8.7M, operating cash flow $21.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $68.2M | +5% | +2% |
| Operating profit | $11.6M | -14% | -7% |
| Net earnings | $8.7M | -13% | +8% |
| Operating cash flow | $21.4M | +143% | -22% |
| Free cash flow | $9.7M | — | -54% |
What changed
Revenue was $68.2M in Q2 2025, up 2% year over year and up 5% from the previous quarter.
Operating profit was $11.6M, a 17.0% margin (down 1.7 points year over year). Operating profit fell $878K even though revenue rose $1.4M versus a year earlier, so costs grew faster than sales. Total costs grew 4% against revenue growth of 2%. Net earnings were $8.7M, up 8% year over year. The effective tax rate was 28.6%.
Operating cash flow was $21.4M (down 22% year over year), 247% of net earnings. Non-cash charges added back $6.2M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $5.2M. Capital expenditures of $11.7M left free cash flow of $9.7M.
Questions
What was NPK International's revenue in the second quarter 2025?
NPK International (NPKI) reported revenue of $68.2M for the second quarter 2025 (Q2 2025), +2% from a year earlier and +5% from the quarter before.
Was NPK International profitable in the second quarter 2025?
Operating profit was $11.6M (17.0% of revenue) and net earnings $8.7M.
Source: NPK International 10-Q on SEC EDGAR.