Filing Flows › Rocky Brands (RCKY) › Q2 2025
Rocky Brands (RCKY) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Rocky Brands (RCKY) reported revenue of $106M for the second quarter 2025 (Q2 2025), +8% from a year earlier and -7% from the quarter before. Operating margin was 6.8%, net earnings $3.6M (3.4% of revenue).
Rocky Brands, Q2 2025: revenue $106M (+8% year over year), operating margin 6.8%, net earnings $3.6M, operating cash flow $812K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $106M | -7% | +8% |
| Gross profit | $43.3M | -8% | +14% |
| Operating profit | $7.2M | -18% | +59% |
| Net earnings | $3.6M | -27% | — |
| Operating cash flow | $812K | -34% | -87% |
What changed
Revenue was $105.6M in Q2 2025, up 8% year over year and down 7% from the previous quarter. Wholesale was the largest line at 69% of revenue. Wholesale added $4.8M year over year (up 7%), 65% of the total change. Contract Manufacturing declined 28%.
Gross margin was 41.0%, up 2.3 points from a year earlier. Operating profit was $7.2M, a 6.8% margin (up 2.2 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, above the 5% margin then. Operating expenses grew 8% against revenue growth of 8%. Net earnings were $3.6M. The effective tax rate was 22.2%.
Operating cash flow was $812K (down 87% year over year), 23% of net earnings. Non-cash charges added back $2.4M of depreciation and amortization and $400K of share-based compensation. Working capital and other items used $5.6M. Capital expenditures of $3.2M exceeded it, leaving free cash flow of −$2.4M.
Questions
What was Rocky Brands' revenue in the second quarter 2025?
Rocky Brands (RCKY) reported revenue of $106M for the second quarter 2025 (Q2 2025), +8% from a year earlier and -7% from the quarter before.
Was Rocky Brands profitable in the second quarter 2025?
Operating profit was $7.2M (6.8% of revenue) and net earnings $3.6M.
Source: Rocky Brands 10-Q on SEC EDGAR.