Filing Flows › Onespaworld Holdings (OSW) › Q2 2025
Onespaworld Holdings (OSW) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Onespaworld Holdings (OSW) reported revenue of $241M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +10% from the quarter before. Operating margin was 9.2%, net earnings $19.9M (8.3% of revenue).
Onespaworld Holdings, Q2 2025: revenue $241M (+7% year over year), operating margin 9.2%, net earnings $19.9M, operating cash flow $20.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $241M | +10% | +7% |
| Operating profit | $22.1M | +31% | +17% |
| Net earnings | $19.9M | +31% | +27% |
| Operating cash flow | $20.3M | +101% | +9% |
| Free cash flow | $17.6M | +109% | 0% |
What changed
Revenue was $240.7M in Q2 2025, up 7% year over year and up 10% from the previous quarter. Service was the largest line at 80% of revenue. Service added $12.5M year over year (up 7%), 79% of the total change.
Operating profit was $22.1M, a 9.2% margin (up 0.8 points year over year). Of the extra revenue versus a year earlier, 21% reached operating profit, above the 8% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $19.9M, up 27% year over year. The effective tax rate was 3.8%.
Operating cash flow was $20.3M (up 9% year over year), 102% of net earnings. Non-cash charges added back $6.3M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $8.0M. Capital expenditures of $2.7M left free cash flow of $17.6M.
Questions
What was Onespaworld Holdings' revenue in the second quarter 2025?
Onespaworld Holdings (OSW) reported revenue of $241M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +10% from the quarter before.
Was Onespaworld Holdings profitable in the second quarter 2025?
Operating profit was $22.1M (9.2% of revenue) and net earnings $19.9M.