Filing Flows › Rayonier Advanced Materials (RYAM) › Q2 2025
Rayonier Advanced Materials (RYAM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Rayonier Advanced Materials (RYAM) reported revenue of $340M for the second quarter 2025 (Q2 2025), -19% from a year earlier and -4% from the quarter before. Operating margin was -0.4%, net loss $363M (106.8% of revenue).
Rayonier Advanced Materials, Q2 2025: revenue $340M (-19% year over year), operating margin -0.4%, net loss $363M, operating cash flow −$30.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $340M | -4% | -19% |
| Operating profit | −$1.3M | — | — |
| Net earnings | −$363M | — | — |
| Operating cash flow | −$30.2M | -176% | — |
What changed
Revenue was $340.0M in Q2 2025, down 19% year over year and down 4% from the previous quarter.
Gross margin was 7.0%, down 4.6 points from a year earlier. Operating costs exceeded revenue by $1.3M, an operating margin of -0.4%. Operating expenses grew 24% against a revenue fall of 19%. The quarter ended with a net loss of $363.2M, wider than the previous quarter's $32.0M loss.
Operating cash flow was −$30.2M. Non-cash charges added back $31.2M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $300.8M. Capital expenditures of $27.4M exceeded it, leaving free cash flow of −$57.6M.
Questions
What was Rayonier Advanced Materials' revenue in the second quarter 2025?
Rayonier Advanced Materials (RYAM) reported revenue of $340M for the second quarter 2025 (Q2 2025), -19% from a year earlier and -4% from the quarter before.
Was Rayonier Advanced Materials profitable in the second quarter 2025?
Operating loss was $1.3M (-0.4% of revenue) and net loss $363M.