Filing Flows › Rogers (ROG) › Q1 2025
Rogers (ROG) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Rogers (ROG) reported revenue of $190M for the first quarter 2025 (Q1 2025), -11% from a year earlier and -0.9% from the quarter before. Operating margin was -0.2%, net loss $1.4M (0.7% of revenue).
Rogers, Q1 2025: revenue $190M (-11% year over year), operating margin -0.2%, net loss $1.4M, operating cash flow $11.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $190M | -0.9% | -11% |
| Operating profit | −$300K | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | $11.7M | -65% | -58% |
| Free cash flow | $2.1M | — | -89% |
What changed
Revenue was $190.5M in Q1 2025, down 11% year over year and down 1% from the previous quarter. Advanced Electronics Solutions was the largest line at 55% of revenue. Advanced Electronics Solutions lost $17.9M year over year (down 15%), 78% of the total change.
Gross margin was 29.9%, down 2.0 points from a year earlier. Operating costs exceeded revenue by $300K, an operating margin of -0.2%. Operating expenses grew 1% against a revenue fall of 11%. The quarter ended with a net loss of $1.4M, wider than the previous quarter's $500K loss. Net interest and other expense of $1.3M was the main reason.
Operating cash flow was $11.7M (down 58% year over year). Non-cash charges added back $12.6M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $3.1M. After non-Acquisition Capital Expenditures ($9.6M), free cash flow as the company reports it was $2.1M.
Questions
What was Rogers' revenue in the first quarter 2025?
Rogers (ROG) reported revenue of $190M for the first quarter 2025 (Q1 2025), -11% from a year earlier and -0.9% from the quarter before.
Was Rogers profitable in the first quarter 2025?
Operating loss was $300K (-0.2% of revenue) and net loss $1.4M.
Source: Rogers 10-Q on SEC EDGAR.