Filing Flows › Upbound Group (UPBD) › Q1 2025
Upbound Group (UPBD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Upbound Group (UPBD) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), +7% from a year earlier and +9% from the quarter before. Operating margin was 5.3%, net earnings $24.8M (2.1% of revenue).
Upbound Group, Q1 2025: revenue $1.2B (+7% year over year), operating margin 5.3%, net earnings $24.8M, operating cash flow $138M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +9% | +7% |
| Gross profit | $550M | +8% | +4% |
| Operating profit | $62.6M | -21% | +1% |
| Net earnings | $24.8M | -20% | -10% |
| Operating cash flow | $138M | — | +203% |
| Free cash flow | $127M | — | +278% |
What changed
Revenue was $1.2B in Q1 2025, up 7% year over year and up 9% from the previous quarter.
Gross margin was 46.8%, down 1.5 points from a year earlier. Operating profit was $0.06B, a 5.3% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 6% margin then. Operating expenses grew 4% against revenue growth of 7%. The fastest-growing cost line was General & admin (+16%). Net earnings were $0.02B, down 10% year over year. The effective tax rate was 30.2%.
Operating cash flow was $0.14B (up 203% year over year), 556% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.01B left free cash flow of $0.13B.
Questions
What was Upbound Group's revenue in the first quarter 2025?
Upbound Group (UPBD) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), +7% from a year earlier and +9% from the quarter before.
Was Upbound Group profitable in the first quarter 2025?
Operating profit was $62.6M (5.3% of revenue) and net earnings $24.8M.
Source: Upbound Group 10-Q on SEC EDGAR.