Filing Flows › O'Reilly Automotive (ORLY) › Q2 2025
O'Reilly Automotive (ORLY) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
O'Reilly Automotive (ORLY) reported revenue of $4.5B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +9% from the quarter before. Operating margin was 20.2%, net earnings $669M (14.8% of revenue).
O'Reilly Automotive, Q2 2025: revenue $4.5B (+6% year over year), operating margin 20.2%, net earnings $669M, operating cash flow $757M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5B | +9% | +6% |
| Gross profit | $2.3B | +10% | +7% |
| Operating profit | $914M | +23% | +6% |
| Net earnings | $669M | +24% | +7% |
| Operating cash flow | $757M | +0.2% | -20% |
| Free cash flow | $449M | — | -38% |
What changed
Revenue was $4.5B in Q2 2025, up 6% year over year and up 9% from the previous quarter.
Gross margin was 51.4%, up 0.7 points from a year earlier. Operating profit was $0.91B, a 20.2% margin (unchanged year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, above the 20% margin then. Operating expenses grew 8% against revenue growth of 6%. Net earnings were $0.67B, up 7% year over year. The effective tax rate was 22.4%.
Operating cash flow was $0.76B (down 20% year over year), 113% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.05B. After other items ($0.30B) and excess tax benefit from share-based compensation payments ($0.01B), free cash flow as the company reports it was $0.45B.
Questions
What was O'Reilly Automotive's revenue in the second quarter 2025?
O'Reilly Automotive (ORLY) reported revenue of $4.5B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +9% from the quarter before.
Was O'Reilly Automotive profitable in the second quarter 2025?
Operating profit was $914M (20.2% of revenue) and net earnings $669M.