Filing Flows › Security National Financial (SNFCA) › Q1 2025
Security National Financial (SNFCA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Security National Financial (SNFCA) reported revenue of $82.7M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +4% from the quarter before. Operating margin was 10.0%, net earnings $4.3M (5.2% of revenue).
Security National Financial, Q1 2025: revenue $82.7M (+2% year over year), operating margin 10.0%, net earnings $4.3M, operating cash flow $9.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $82.7M | +4% | +2% |
| Operating profit | $8.3M | +162% | -14% |
| Net earnings | $4.3M | — | -42% |
| Operating cash flow | $9.6M | -57% | -62% |
| Free cash flow | $9.1M | -55% | -63% |
What changed
Revenue was $82.7M in Q1 2025, up 2% year over year and up 4% from the previous quarter.
Operating profit was $8.3M, a 10.0% margin (down 1.9 points year over year). Operating profit fell $1.4M even though revenue rose $1.6M versus a year earlier, so costs grew faster than sales. Total costs grew 4% against revenue growth of 2%. Net earnings were $4.3M, down 42% year over year. The effective tax rate was 22.1%.
Operating cash flow was $9.6M (down 62% year over year), 221% of net earnings. Working capital and other items added $5.2M. Capital expenditures of $442K left free cash flow of $9.1M.
Questions
What was Security National Financial's revenue in the first quarter 2025?
Security National Financial (SNFCA) reported revenue of $82.7M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +4% from the quarter before.
Was Security National Financial profitable in the first quarter 2025?
Operating profit was $8.3M (10.0% of revenue) and net earnings $4.3M.