Filing Flows › US Bancorp (USB) › Q2 2025
US Bancorp (USB) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
US Bancorp (USB) reported revenue of $7.0B for the second quarter 2025 (Q2 2025), +2% from a year earlier and +0.7% from the quarter before. Operating margin was 32.7%, net earnings $1.8B (25.9% of revenue).
US Bancorp, Q2 2025: revenue $7.0B (+2% year over year), operating margin 32.7%, net earnings $1.8B, operating cash flow $2.0B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0B | +0.7% | +2% |
| Operating profit | $2.3B | +6% | +12% |
| Net earnings | $1.8B | +6% | +13% |
| Operating cash flow | $2.0B | — | -29% |
What changed
Revenue was $7.0B in Q2 2025, up 2% year over year and up 1% from the previous quarter.
Operating profit was $2.3B, a 32.7% margin (up 2.8 points year over year). Of the extra revenue versus a year earlier, 173% reached operating profit, above the 30% margin then. Total costs fell 2% while revenue rose 2%. Net earnings were $1.8B, up 13% year over year. The effective tax rate was 20.6%.
Operating cash flow was $2.0B (down 29% year over year), 112% of net earnings. Working capital and other items added $0.21B.
Questions
What was US Bancorp's revenue in the second quarter 2025?
US Bancorp (USB) reported revenue of $7.0B for the second quarter 2025 (Q2 2025), +2% from a year earlier and +0.7% from the quarter before.
Was US Bancorp profitable in the second quarter 2025?
Operating profit was $2.3B (32.7% of revenue) and net earnings $1.8B.
Source: US Bancorp 10-Q on SEC EDGAR.