Filing Flows › Site Centers (SITC) › Q2 2025
Site Centers (SITC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Site Centers (SITC) reported revenue of $33.5M for the second quarter 2025 (Q2 2025), -62% from a year earlier and -21% from the quarter before. Operating margin was 139.5%, net earnings $46.5M (138.9% of revenue).
Site Centers, Q2 2025: revenue $33.5M (-62% year over year), operating margin 139.5%, net earnings $46.5M, operating cash flow $17.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $33.5M | -21% | -62% |
| Operating profit | $46.7M | 14× | -80% |
| Net earnings | $46.5M | 15× | -80% |
| Operating cash flow | $17.2M | +201% | -74% |
| Free cash flow | $15.4M | +524% | -67% |
What changed
Revenue was $33.5M in Q2 2025, down 62% year over year and down 21% from the previous quarter.
Operating profit was $46.7M, a 139.5% margin (down 133.1 points year over year). Net earnings were $46.5M, down 80% year over year. The effective tax rate was 0.4%.
Operating cash flow was $17.2M (down 74% year over year), 37% of net earnings. Non-cash charges added back $12.9M of depreciation and amortization and $317K of share-based compensation. Working capital and other items used $42.5M. Capital expenditures of $1.8M left free cash flow of $15.4M.
Questions
What was Site Centers' revenue in the second quarter 2025?
Site Centers (SITC) reported revenue of $33.5M for the second quarter 2025 (Q2 2025), -62% from a year earlier and -21% from the quarter before.
Was Site Centers profitable in the second quarter 2025?
Operating profit was $46.7M (139.5% of revenue) and net earnings $46.5M.
Source: Site Centers 10-Q on SEC EDGAR.