Filing Flows › Unitil (UTL) › Q2 2025
Unitil (UTL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
Unitil (UTL) reported revenue of $103M for the second quarter 2025 (Q2 2025), +7% from a year earlier and -40% from the quarter before. Operating margin was 13.0%, net earnings $4.0M (3.9% of revenue).
Unitil, Q2 2025: revenue $103M (+7% year over year), operating margin 13.0%, net earnings $4.0M, operating cash flow $42.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $103M | -40% | +7% |
| Operating profit | $13.3M | -71% | +7% |
| Net earnings | $4.0M | -85% | -7% |
| Operating cash flow | $42.2M | -19% | -15% |
| Free cash flow | $2.0M | -90% | -85% |
What changed
Revenue was $102.6M in Q2 2025, up 7% year over year and down 40% from the previous quarter. Gas was the largest line at 50% of revenue. Gas added $12.3M year over year (up 31%), 178% of the total change. Electric declined 10%.
Operating profit was $13.3M, a 13.0% margin (unchanged year over year). Of the extra revenue versus a year earlier, 13% reached operating profit, above the 13% margin then. Total costs grew 7% against revenue growth of 7%. Net earnings were $4.0M, down 7% year over year. The effective tax rate was 14.9%.
Operating cash flow was $42.2M (down 15% year over year), 1055% of net earnings. Working capital and other items added $38.2M. Capital expenditures of $40.2M left free cash flow of $2.0M.
Questions
What was Unitil's revenue in the second quarter 2025?
Unitil (UTL) reported revenue of $103M for the second quarter 2025 (Q2 2025), +7% from a year earlier and -40% from the quarter before.
Was Unitil profitable in the second quarter 2025?
Operating profit was $13.3M (13.0% of revenue) and net earnings $4.0M.
Source: Unitil 10-Q on SEC EDGAR.