Filing Flows › Quanex Building Products (NX) › Q2 FY25
Quanex Building Products (NX) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Jun 6, 2025
Quanex Building Products (NX) reported revenue of $452M for the second quarter fiscal 2025 (Q2 FY25), +70% from a year earlier and +13% from the quarter before. Operating margin was 9.0%, net earnings $20.5M (4.5% of revenue).
Quanex Building Products, Q2 FY25: revenue $452M (+70% year over year), operating margin 9.0%, net earnings $20.5M, operating cash flow $28.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $452M | +13% | +70% |
| Operating profit | $40.9M | — | +98% |
| Net earnings | $20.5M | — | +33% |
| Operating cash flow | $28.5M | — | -14% |
| Free cash flow | $13.6M | — | -47% |
What changed
Revenue was $452.5M in Q2 FY25, up 70% year over year and up 13% from the previous quarter.
Operating profit was $40.9M, a 9.0% margin (up 1.3 points year over year). Of the extra revenue versus a year earlier, 11% reached operating profit, above the 8% margin then. Total costs grew 68% against revenue growth of 70%. The fastest-growing cost line was SG&A (+103%). Net earnings were $20.5M, up 33% year over year. The effective tax rate was 23.5%.
Operating cash flow was $28.5M (down 14% year over year), 139% of net earnings. Non-cash charges added back $19.2M of depreciation and amortization and $923K of share-based compensation. Working capital and other items used $12.1M. Capital expenditures of $14.9M left free cash flow of $13.6M.
Questions
What was Quanex Building Products' revenue in the second quarter fiscal 2025?
Quanex Building Products (NX) reported revenue of $452M for the second quarter fiscal 2025 (Q2 FY25), +70% from a year earlier and +13% from the quarter before.
Was Quanex Building Products profitable in the second quarter fiscal 2025?
Operating profit was $40.9M (9.0% of revenue) and net earnings $20.5M.