Filing Flows › Otter Tail (OTTR) › Q2 2025
Otter Tail (OTTR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Otter Tail (OTTR) reported revenue of $332M for the second quarter 2025 (Q2 2025), -3% from a year earlier and -1% from the quarter before. Operating margin was 29.3%, net earnings $77.7M (23.4% of revenue).
Otter Tail, Q2 2025: revenue $332M (-3% year over year), operating margin 29.3%, net earnings $77.7M, operating cash flow $120M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $332M | -1% | -3% |
| Operating profit | $97.5M | +16% | -12% |
| Net earnings | $77.7M | +14% | -11% |
| Operating cash flow | $120M | +204% | -21% |
| Free cash flow | $53.7M | — | +7% |
What changed
Revenue was $332.4M in Q2 2025, down 3% year over year and down 1% from the previous quarter. Electric was the largest line at 39% of revenue. Manufacturing lost $18.0M year over year (down 19%), 180% of the total change.
Operating profit was $97.5M, a 29.3% margin (down 3.1 points year over year). Total costs grew 2% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $77.7M, down 11% year over year. The effective tax rate was 14.9%.
Operating cash flow was $119.9M (down 21% year over year), 154% of net earnings. Non-cash charges added back $29.4M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $11.1M. Capital expenditures of $66.2M left free cash flow of $53.7M.
Questions
What was Otter Tail's revenue in the second quarter 2025?
Otter Tail (OTTR) reported revenue of $332M for the second quarter 2025 (Q2 2025), -3% from a year earlier and -1% from the quarter before.
Was Otter Tail profitable in the second quarter 2025?
Operating profit was $97.5M (29.3% of revenue) and net earnings $77.7M.
Source: Otter Tail 10-Q on SEC EDGAR.