Filing Flows › Ryerson Holding (RYZ) › Q2 2025
Ryerson Holding (RYZ) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 29, 2025
Ryerson Holding (RYZ) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), -5% from a year earlier and +3% from the quarter before. Operating margin was 0.5%, net earnings $2.1M (0.2% of revenue).
Ryerson Holding, Q2 2025: revenue $1.2B (-5% year over year), operating margin 0.5%, net earnings $2.1M, operating cash flow $23.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +3% | -5% |
| Operating profit | $5.8M | +152% | — |
| Net earnings | $2.1M | — | — |
| Operating cash flow | $23.8M | — | -8% |
| Free cash flow | $13.9M | — | +334% |
What changed
Revenue was $1.2B in Q2 2025, down 5% year over year and up 3% from the previous quarter.
Gross margin was 17.9%, down 0.3 points from a year earlier. Operating profit was $0.01B, a 0.5% margin (down 1.4 points year over year). Operating expenses grew 1% against a revenue fall of 5%. Net earnings were $1.9M, down 81% year over year.
Operating cash flow was $0.02B (down 8% year over year), 1133% of net income including minority interests. Non-cash charges added back $0.02B of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $0.01B left free cash flow of $0.01B.
Questions
What was Ryerson Holding's revenue in the second quarter 2025?
Ryerson Holding (RYZ) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), -5% from a year earlier and +3% from the quarter before.
Was Ryerson Holding profitable in the second quarter 2025?
Operating profit was $5.8M (0.5% of revenue) and net earnings $2.1M.
Source: Ryerson Holding 10-Q on SEC EDGAR.