Filing Flows › Owens Corning (OC) › Q1 2025
Owens Corning (OC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Owens Corning (OC) reported revenue of $2.5B for the first quarter 2025 (Q1 2025), +25% from a year earlier and -11% from the quarter before. Operating margin was 16.1%, net loss $93.0M (3.7% of revenue).
Owens Corning, Q1 2025: revenue $2.5B (+25% year over year), operating margin 16.1%, net loss $93.0M, operating cash flow −$49.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5B | -11% | +25% |
| Operating profit | $407M | — | — |
| Net earnings | −$93.0M | — | — |
| Operating cash flow | −$49.0M | — | — |
What changed
Revenue was $2.5B in Q1 2025, up 25% year over year and down 11% from the previous quarter.
Gross margin was 28.7%, down 2.5 points from a year earlier. Operating profit was $0.41B, a 16.1% margin (down 2.6 points year over year). Of the extra revenue versus a year earlier, 6% reached operating profit, below the 19% margin then. Operating expenses grew 26% against revenue growth of 25%. The fastest-growing cost line was SG&A (+37%). The quarter ended with a net loss of $0.09B, narrower than the previous quarter's $0.26B loss. Net interest and other expense of $0.41B was the main reason.
Operating cash flow was −$0.05B. Non-cash charges added back $0.16B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.20B exceeded it, leaving free cash flow of −$0.25B.
Questions
What was Owens Corning's revenue in the first quarter 2025?
Owens Corning (OC) reported revenue of $2.5B for the first quarter 2025 (Q1 2025), +25% from a year earlier and -11% from the quarter before.
Was Owens Corning profitable in the first quarter 2025?
Operating profit was $407M (16.1% of revenue) and net loss $93.0M.
Source: Owens Corning 10-Q on SEC EDGAR.