Filing Flows › TransDigm Group (TDG) › Q2 FY25
TransDigm Group (TDG) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 6, 2025
TransDigm Group (TDG) reported revenue of $2.1B for the second quarter fiscal 2025 (Q2 FY25), +12% from a year earlier and +7% from the quarter before. Operating margin was 46.1%, net earnings $479M (22.3% of revenue).
TransDigm Group, Q2 FY25: revenue $2.1B (+12% year over year), operating margin 46.1%, net earnings $479M, operating cash flow $148M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | +7% | +12% |
| Gross profit | $1.3B | +3% | +11% |
| Operating profit | $991M | +2% | +14% |
| Net earnings | $479M | -3% | +19% |
| Operating cash flow | $148M | -80% | -35% |
| Free cash flow | $92.0M | -87% | -49% |
What changed
Revenue was $2.1B in Q2 FY25, up 12% year over year and up 7% from the previous quarter.
Gross margin was 59.3%, down 0.8 points from a year earlier. Operating profit was $1.0B, a 46.1% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 54% reached operating profit, above the 45% margin then. Operating expenses fell 1% while revenue rose 12%. The fastest-growing cost line was Other operating costs (+27%). Net earnings were $0.48B, up 19% year over year. The effective tax rate was 23.0%.
Operating cash flow was $0.15B (down 35% year over year), 31% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.47B. Capital expenditures of $0.06B left free cash flow of $0.09B.
Questions
What was TransDigm Group's revenue in the second quarter fiscal 2025?
TransDigm Group (TDG) reported revenue of $2.1B for the second quarter fiscal 2025 (Q2 FY25), +12% from a year earlier and +7% from the quarter before.
Was TransDigm Group profitable in the second quarter fiscal 2025?
Operating profit was $991M (46.1% of revenue) and net earnings $479M.
Source: TransDigm Group 10-Q on SEC EDGAR.