Filing Flows › UFP Industries (UFPI) › Q1 2025
UFP Industries (UFPI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
UFP Industries (UFPI) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), -3% from a year earlier and +9% from the quarter before. Operating margin was 5.8%, net earnings $78.8M (4.9% of revenue).
UFP Industries, Q1 2025: revenue $1.6B (-3% year over year), operating margin 5.8%, net earnings $78.8M, operating cash flow −$109M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +9% | -3% |
| Gross profit | $268M | +12% | -18% |
| Operating profit | $92.3M | +16% | -31% |
| Net earnings | $78.8M | +16% | -35% |
| Operating cash flow | −$109M | — | — |
What changed
Revenue was $1.6B in Q1 2025, down 3% year over year and up 9% from the previous quarter.
Gross margin was 16.8%, down 3.1 points from a year earlier. Operating profit was $0.09B, a 5.8% margin (down 2.4 points year over year). Operating expenses fell 8% while revenue fell 3%. Net earnings were $0.08B, down 35% year over year. The effective tax rate was 21.1%.
Operating cash flow was −$0.11B. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.23B. Capital expenditures of $0.07B exceeded it, leaving free cash flow of −$0.18B.
Questions
What was UFP Industries' revenue in the first quarter 2025?
UFP Industries (UFPI) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), -3% from a year earlier and +9% from the quarter before.
Was UFP Industries profitable in the first quarter 2025?
Operating profit was $92.3M (5.8% of revenue) and net earnings $78.8M.
Source: UFP Industries 10-Q on SEC EDGAR.