Filing Flows › Reading International (RDI) › Q2 2025
Reading International (RDI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Reading International (RDI) reported revenue of $60.4M for the second quarter 2025 (Q2 2025), +29% from a year earlier and +50% from the quarter before. Operating margin was 4.8%, net loss $2.8M (4.6% of revenue).
Reading International, Q2 2025: revenue $60.4M (+29% year over year), operating margin 4.8%, net loss $2.8M, operating cash flow $1.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $60.4M | +50% | +29% |
| Operating profit | $2.9M | — | — |
| Net earnings | −$2.8M | — | — |
| Operating cash flow | $1.6M | — | — |
| Free cash flow | $1.2M | — | — |
What changed
Revenue was $60.4M in Q2 2025, up 29% year over year and up 50% from the previous quarter. Cinema was the largest line at 94% of revenue. Cinema added $13.8M year over year (up 32%), 102% of the total change. Real Estate declined 7%.
Operating profit was $2.9M, a 4.8% margin (up 21.2 points year over year). Total costs grew 5% against revenue growth of 29%. The quarter ended with a net loss of $2.8M, narrower than the previous quarter's $4.9M loss. Minority interests bore $137K of it: to shareholders the quarter was a loss of $2.7M. Net interest and other expense of $4.5M was the main reason.
Operating cash flow was $1.6M. Non-cash charges added back $3.4M of depreciation and amortization and $530K of share-based compensation. Working capital and other items added $445K. Capital expenditures of $398K left free cash flow of $1.2M.
Questions
What was Reading International's revenue in the second quarter 2025?
Reading International (RDI) reported revenue of $60.4M for the second quarter 2025 (Q2 2025), +29% from a year earlier and +50% from the quarter before.
Was Reading International profitable in the second quarter 2025?
Operating profit was $2.9M (4.8% of revenue) and net loss $2.8M.