Filing Flows › Noble Romans (NROM) › Q2 2025
Noble Romans (NROM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 21, 2025
Noble Romans (NROM) reported revenue of $4.1M for the second quarter 2025 (Q2 2025), +5% from a year earlier and +9% from the quarter before. Operating margin was 22.4%, net earnings $371K (9.1% of revenue).
Noble Romans, Q2 2025: revenue $4.1M (+4% year over year), operating margin 22.4%, net earnings $371K, operating cash flow $397K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1M | +9% | +5% |
| Operating profit | $914K | +82% | +64% |
| Net earnings | $371K | +184% | +552% |
| Operating cash flow | $397K | +151% | — |
| Free cash flow | $354K | +155% | — |
What changed
Revenue was $4.1M in Q2 2025, up 5% year over year and up 9% from the previous quarter.
Operating profit was $914K, a 22.4% margin (up 8.1 points year over year). Of the extra revenue versus a year earlier, 203% reached operating profit, above the 14% margin then. Total costs fell 5% while revenue rose 5%. Net earnings were $371K, up 552% year over year. The effective tax rate was 24.4%.
Operating cash flow was $397K, 107% of net earnings. Non-cash charges added back $101K of depreciation and amortization. Working capital and other items used $74K. Capital expenditures of $44K left free cash flow of $354K.
Questions
What was Noble Romans' revenue in the second quarter 2025?
Noble Romans (NROM) reported revenue of $4.1M for the second quarter 2025 (Q2 2025), +5% from a year earlier and +9% from the quarter before.
Was Noble Romans profitable in the second quarter 2025?
Operating profit was $914K (22.4% of revenue) and net earnings $371K.
Source: Noble Romans 10-Q on SEC EDGAR.