Filing Flows › Stag Industrial (STAG) › Q1 2025
Stag Industrial (STAG) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Stag Industrial (STAG) reported revenue of $206M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +3% from the quarter before. Operating margin was 36.1%, net earnings $91.4M (44.5% of revenue).
Stag Industrial, Q1 2025: revenue $206M (+10% year over year), operating margin 36.1%, net earnings $91.4M, operating cash flow $104M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $206M | +3% | +10% |
| Operating profit | $74.1M | +3% | +17% |
| Net earnings | $91.4M | +79% | +150% |
| Operating cash flow | $104M | -1% | -2% |
| Free cash flow | $57.2M | +52% | -29% |
What changed
Revenue was $205.6M in Q1 2025, up 10% year over year and up 3% from the previous quarter.
Operating profit was $74.1M, a 36.1% margin (up 2.2 points year over year). Of the extra revenue versus a year earlier, 59% reached operating profit, above the 34% margin then. Total costs grew 6% against revenue growth of 10%. Net earnings were $91.4M, up 150% year over year. The effective tax rate was 0.0%. Non-operating items added $19.2M, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $103.5M (down 2% year over year), 111% of net income including minority interests. Non-cash charges added back $73.9M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items used $66.9M. Capital expenditures of $46.3M left free cash flow of $57.2M.
Questions
What was Stag Industrial's revenue in the first quarter 2025?
Stag Industrial (STAG) reported revenue of $206M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +3% from the quarter before.
Was Stag Industrial profitable in the first quarter 2025?
Operating profit was $74.1M (36.1% of revenue) and net earnings $91.4M.
Source: Stag Industrial 10-Q on SEC EDGAR.