Filing Flows › StandardAero (SARO) › Q1 2025
StandardAero (SARO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
StandardAero (SARO) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), +16% from a year earlier and +2% from the quarter before. Operating margin was 9.0%, net earnings $62.9M (4.4% of revenue).
StandardAero, Q1 2025: revenue $1.4B (+16% year over year), operating margin 9.0%, net earnings $62.9M, operating cash flow −$24.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +2% | +16% |
| Operating profit | $129M | +36% | +22% |
| Net earnings | $62.9M | — | 20× |
| Operating cash flow | −$24.0M | — | — |
What changed
Revenue was $1.4B in Q1 2025, up 16% year over year and up 2% from the previous quarter. Commercial Aerospace was the largest line at 59% of revenue. Commercial Aerospace added $0.13B year over year (up 18%), 65% of the total change.
Operating profit was $0.13B, a 9.0% margin (up 0.4 points year over year). Of the extra revenue versus a year earlier, 12% reached operating profit, above the 9% margin then. Total costs grew 16% against revenue growth of 16%. The fastest-growing cost line was SG&A (+23%). Net earnings were $0.06B, up 1875% year over year. The effective tax rate was 26.1%.
Operating cash flow was −$0.02B. Non-cash charges added back $0.05B of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.05B.
Questions
What was StandardAero's revenue in the first quarter 2025?
StandardAero (SARO) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), +16% from a year earlier and +2% from the quarter before.
Was StandardAero profitable in the first quarter 2025?
Operating profit was $129M (9.0% of revenue) and net earnings $62.9M.
Source: StandardAero 10-Q on SEC EDGAR.