Filing Flows › Preformed Line Products (PLPC) › Q2 2025
Preformed Line Products (PLPC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Preformed Line Products (PLPC) reported revenue of $170M for the second quarter 2025 (Q2 2025), +22% from a year earlier and +14% from the quarter before. Operating margin was 10.1%, net earnings $12.7M (7.5% of revenue).
Preformed Line Products, Q2 2025: revenue $170M (+22% year over year), operating margin 10.1%, net earnings $12.7M, operating cash flow $26.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $170M | +14% | +22% |
| Gross profit | $55.4M | +14% | +25% |
| Operating profit | $17.1M | +30% | +52% |
| Net earnings | $12.7M | +10% | +36% |
| Operating cash flow | $26.9M | +376% | -5% |
| Free cash flow | $18.6M | — | -24% |
What changed
Revenue was $169.6M in Q2 2025, up 22% year over year and up 14% from the previous quarter. PLP-USA was the largest line at 47% of revenue. PLP-USA added $19.4M year over year (up 32%), 63% of the total change.
Gross margin was 32.7%, up 0.7 points from a year earlier. Operating profit was $17.1M, a 10.1% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 19% reached operating profit, above the 8% margin then. Operating expenses grew 16% against revenue growth of 22%. The fastest-growing cost line was General & admin (+22%). Net earnings were $12.7M, up 36% year over year. The effective tax rate was 26.6%.
Operating cash flow was $26.9M (down 5% year over year), 212% of net earnings. Non-cash charges added back $5.7M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $6.8M. Capital expenditures of $8.4M left free cash flow of $18.6M.
Questions
What was Preformed Line Products' revenue in the second quarter 2025?
Preformed Line Products (PLPC) reported revenue of $170M for the second quarter 2025 (Q2 2025), +22% from a year earlier and +14% from the quarter before.
Was Preformed Line Products profitable in the second quarter 2025?
Operating profit was $17.1M (10.1% of revenue) and net earnings $12.7M.