Filing Flows › Teleflex (TFX) › Q1 2025
Teleflex (TFX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Teleflex (TFX) reported revenue of $701M for the first quarter 2025 (Q1 2025), -5% from a year earlier and +59% from the quarter before. Operating margin was 17.9%, net earnings $95.0M (13.6% of revenue).
Teleflex, Q1 2025: revenue $701M (-5% year over year), operating margin 17.9%, net earnings $95.0M, operating cash flow $73.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $701M | +59% | -5% |
| Gross profit | $389M | +45% | -6% |
| Operating profit | $126M | +140% | — |
| Net earnings | $95.0M | — | +521% |
| Operating cash flow | $73.3M | -64% | -35% |
| Free cash flow | $43.3M | -75% | -42% |
What changed
Revenue was $700.7M in Q1 2025, down 5% year over year and up 59% from the previous quarter.
Gross margin was 55.6%, down 0.8 points from a year earlier. Operating profit was $125.6M, a 17.9% margin (up 18.6 points year over year). Operating expenses fell 37% while revenue fell 5%. Net earnings were $95.0M, up 521% year over year. The effective tax rate was 12.7%.
Operating cash flow was $73.3M (down 35% year over year), 77% of net earnings. Non-cash charges added back $67.3M of depreciation and amortization and $7.8M of share-based compensation. Working capital and other items used $96.8M. Capital expenditures of $30.0M left free cash flow of $43.3M.
Questions
What was Teleflex's revenue in the first quarter 2025?
Teleflex (TFX) reported revenue of $701M for the first quarter 2025 (Q1 2025), -5% from a year earlier and +59% from the quarter before.
Was Teleflex profitable in the first quarter 2025?
Operating profit was $126M (17.9% of revenue) and net earnings $95.0M.
Source: Teleflex 10-Q on SEC EDGAR.