Filing Flows › UFP Technologies (UFPT) › Q2 2025
UFP Technologies (UFPT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
UFP Technologies (UFPT) reported revenue of $151M for the second quarter 2025 (Q2 2025), +37% from a year earlier and +2% from the quarter before. Operating margin was 16.1%, net earnings $17.2M (11.4% of revenue).
UFP Technologies, Q2 2025: revenue $151M (+37% year over year), operating margin 16.1%, net earnings $17.2M, operating cash flow $25.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $151M | +2% | +37% |
| Gross profit | $43.5M | +3% | +32% |
| Operating profit | $24.3M | +5% | +36% |
| Net earnings | $17.2M | 0% | +27% |
| Operating cash flow | $25.3M | +83% | +116% |
| Free cash flow | $22.5M | +104% | +151% |
What changed
Revenue was $151.2M in Q2 2025, up 37% year over year and up 2% from the previous quarter. Product was the largest line at 99% of revenue. Product added $44.1M year over year (up 42%), 108% of the total change. Tooling and Machinery declined 91%.
Gross margin was 28.8%, down 1.2 points from a year earlier. Operating profit was $24.3M, a 16.1% margin (down 0.2 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, below the 16% margin then. Operating expenses grew 27% against revenue growth of 37%. The fastest-growing cost line was SG&A (+34%). Net earnings were $17.2M, up 27% year over year. The effective tax rate was 20.6%.
Operating cash flow was $25.3M (up 116% year over year), 147% of net earnings. Non-cash charges added back $4.7M of depreciation and amortization and $2.3M of share-based compensation. Capital expenditures of $2.9M left free cash flow of $22.5M.
Questions
What was UFP Technologies' revenue in the second quarter 2025?
UFP Technologies (UFPT) reported revenue of $151M for the second quarter 2025 (Q2 2025), +37% from a year earlier and +2% from the quarter before.
Was UFP Technologies profitable in the second quarter 2025?
Operating profit was $24.3M (16.1% of revenue) and net earnings $17.2M.
Source: UFP Technologies 10-Q on SEC EDGAR.