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Tootsie Roll Industries (TR) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 8, 2025

Tootsie Roll Industries (TR) reported revenue of $155M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +4% from the quarter before. Operating margin was 7.8%, net earnings $17.5M (11.3% of revenue).

Revenue$155M
Year over year+3%
Quarter over quarter+4%
Operating margin7.8%
Net earnings$17.5M

Tootsie Roll Industries, Q2 2025: revenue $155M (+3% year over year), operating margin 7.8%, net earnings $17.5M, operating cash flow −$8.5M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$155M+4%+3%
Gross profit$56.5M+8%+12%
Operating profit$12.1M-47%-21%
Net earnings$17.5M-3%+12%
Operating cash flow−$8.5M-337%—

What changed

Revenue was $155.1M in Q2 2025, up 3% year over year and up 4% from the previous quarter. Product was the largest line at 99% of revenue. Product added $4.4M year over year (up 3%), 100% of the total change. Rental and Royalty declined 1%.

Gross margin was 36.4%, up 2.9 points from a year earlier. Operating profit was $12.1M, a 7.8% margin (down 2.4 points year over year). Operating profit fell $3.3M even though revenue rose $4.4M versus a year earlier, so costs grew faster than sales. Operating expenses grew 27% against revenue growth of 3%. Net earnings were $17.5M, up 12% year over year. The effective tax rate was 33.1%. Non-operating items added $14.1M, 54% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$8.5M. Non-cash charges added back $4.6M of depreciation and amortization. Working capital and other items used $30.7M. Capital expenditures of $7.5M exceeded it, leaving free cash flow of −$16.0M.

Questions

What was Tootsie Roll Industries' revenue in the second quarter 2025?

Tootsie Roll Industries (TR) reported revenue of $155M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +4% from the quarter before.

Was Tootsie Roll Industries profitable in the second quarter 2025?

Operating profit was $12.1M (7.8% of revenue) and net earnings $17.5M.

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Source: Tootsie Roll Industries 10-Q on SEC EDGAR.