Filing Flows › Standex International (SXI) › Q3 FY25
Standex International (SXI) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 2, 2025
Standex International (SXI) reported revenue of $208M for the third quarter fiscal 2025 (Q3 FY25), +17% from a year earlier and +9% from the quarter before. Operating margin was 12.6%, net earnings $21.9M (10.5% of revenue).
Standex International, Q3 FY25: revenue $208M (+17% year over year), operating margin 12.6%, net earnings $21.9M, operating cash flow $9.5M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $208M | +9% | +17% |
| Gross profit | $82.4M | +15% | +21% |
| Operating profit | $26.3M | +210% | +20% |
| Net earnings | $21.9M | 26× | +38% |
| Operating cash flow | $9.5M | +5% | -61% |
| Free cash flow | $3.5M | +66% | -82% |
What changed
Revenue was $207.8M in Q3 FY25, up 17% year over year and up 9% from the previous quarter. Electronics Products Group was the largest line at 54% of revenue. Electronics Products Group added $30.9M year over year (up 38%), 101% of the total change. Engraving Group declined 16%.
Gross margin was 39.7%, up 1.1 points from a year earlier. Operating profit was $26.3M, a 12.6% margin (up 0.3 points year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, above the 12% margin then. Operating expenses grew 21% against revenue growth of 17%. Net earnings were $21.9M, up 38% year over year. The effective tax rate was -29.6%.
Operating cash flow was $9.5M (down 61% year over year), 42% of net income including minority interests. Non-cash charges added back $9.7M of depreciation and amortization. Working capital and other items used $22.9M. Capital expenditures of $6.1M left free cash flow of $3.5M.
Questions
What was Standex International's revenue in the third quarter fiscal 2025?
Standex International (SXI) reported revenue of $208M for the third quarter fiscal 2025 (Q3 FY25), +17% from a year earlier and +9% from the quarter before.
Was Standex International profitable in the third quarter fiscal 2025?
Operating profit was $26.3M (12.6% of revenue) and net earnings $21.9M.