Filing Flows › Construction Partners (ROAD) › Q2 FY25
Construction Partners (ROAD) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 9, 2025
Construction Partners (ROAD) reported revenue of $572M for the second quarter fiscal 2025 (Q2 FY25), +54% from a year earlier and +2% from the quarter before. Operating margin was 4.8%, net earnings $4.2M (0.7% of revenue).
Construction Partners, Q2 FY25: revenue $572M (+54% year over year), operating margin 4.8%, net earnings $4.2M, operating cash flow $55.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $572M | +2% | +54% |
| Gross profit | $71.3M | -7% | +84% |
| Operating profit | $27.3M | +98% | +786% |
| Net earnings | $4.2M | — | — |
| Operating cash flow | $55.6M | +37% | +206% |
| Free cash flow | $14.2M | +3% | — |
What changed
Revenue was $571.6M in Q2 FY25, up 54% year over year and up 2% from the previous quarter.
Gross margin was 12.5%, up 2.0 points from a year earlier. Operating profit was $27.3M, a 4.8% margin (up 3.9 points year over year). Of the extra revenue versus a year earlier, 12% reached operating profit, above the 1% margin then. Operating expenses grew 23% against revenue growth of 54%. Net earnings were $4.2M. The effective tax rate was 23.7%.
Operating cash flow was $55.6M (up 206% year over year), 1320% of net earnings. Non-cash charges added back $36.2M of depreciation and amortization and $4.5M of share-based compensation. Working capital and other items added $10.7M. Capital expenditures of $41.4M left free cash flow of $14.2M.
Questions
What was Construction Partners' revenue in the second quarter fiscal 2025?
Construction Partners (ROAD) reported revenue of $572M for the second quarter fiscal 2025 (Q2 FY25), +54% from a year earlier and +2% from the quarter before.
Was Construction Partners profitable in the second quarter fiscal 2025?
Operating profit was $27.3M (4.8% of revenue) and net earnings $4.2M.