Filing Flows › Trimas (TRS) › Q1 2025
Trimas (TRS) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Trimas (TRS) reported revenue of $242M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +61% from the quarter before. Operating margin was 9.0%, net earnings $12.4M (5.1% of revenue).
Trimas, Q1 2025: revenue $242M (+6% year over year), operating margin 9.0%, net earnings $12.4M, operating cash flow $9.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $242M | +61% | +6% |
| Gross profit | $57.0M | +154% | +8% |
| Operating profit | $21.8M | +153% | +75% |
| Net earnings | $12.4M | +120% | +142% |
| Operating cash flow | $9.2M | -66% | — |
What changed
Revenue was $241.7M in Q1 2025, up 6% year over year and up 61% from the previous quarter.
Gross margin was 23.6%, up 0.4 points from a year earlier. Operating profit was $21.8M, a 9.0% margin (up 3.5 points year over year). Of the extra revenue versus a year earlier, 64% reached operating profit, above the 5% margin then. Operating expenses fell 12% while revenue rose 6%. Net earnings were $12.4M, up 142% year over year. The effective tax rate was 27.6%.
Operating cash flow was $9.2M, 74% of net earnings. Non-cash charges added back $13.8M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $20.1M. Capital expenditures of $12.9M exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Trimas' revenue in the first quarter 2025?
Trimas (TRS) reported revenue of $242M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +61% from the quarter before.
Was Trimas profitable in the first quarter 2025?
Operating profit was $21.8M (9.0% of revenue) and net earnings $12.4M.
Source: Trimas 10-Q on SEC EDGAR.