Filing Flows › SiteOne Landscape Supply (SITE) › Q1 2025
SiteOne Landscape Supply (SITE) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
SiteOne Landscape Supply (SITE) reported revenue of $939M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -7% from the quarter before. Operating margin was -3.1%, net loss $27.5M (2.9% of revenue).
SiteOne Landscape Supply, Q1 2025: revenue $939M (+4% year over year), operating margin -3.1%, net loss $27.5M, operating cash flow −$130M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $939M | -7% | +4% |
| Operating profit | −$29.5M | — | — |
| Net earnings | −$27.5M | — | — |
| Operating cash flow | −$130M | — | — |
What changed
Revenue was $939.4M in Q1 2025, up 4% year over year and down 7% from the previous quarter. Landscaping products was the largest line at 73% of revenue. Landscaping products added $17.3M year over year (up 3%), 50% of the total change.
Gross margin was 33.0%, down 0.3 points from a year earlier. Operating costs exceeded revenue by $29.5M, an operating margin of -3.1%. Operating expenses grew 5% against revenue growth of 4%. The quarter ended with a net loss of $27.5M, wider than the previous quarter's $21.5M loss.
Operating cash flow was −$129.6M. Non-cash charges added back $13.6M of share-based compensation. Working capital and other items used $115.7M. Capital expenditures of $14.8M exceeded it, leaving free cash flow of −$144.4M.
Questions
What was SiteOne Landscape Supply's revenue in the first quarter 2025?
SiteOne Landscape Supply (SITE) reported revenue of $939M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -7% from the quarter before.
Was SiteOne Landscape Supply profitable in the first quarter 2025?
Operating loss was $29.5M (-3.1% of revenue) and net loss $27.5M.