Filing Flows › Valmont Industries (VMI) › Q2 2025
Valmont Industries (VMI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Valmont Industries (VMI) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +1% from a year earlier and +8% from the quarter before. Operating margin was 2.8%, net loss $3.3M (0.3% of revenue).
Valmont Industries, Q2 2025: revenue $1.1B (+1% year over year), operating margin 2.8%, net loss $3.3M, operating cash flow $168M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +8% | +1% |
| Operating profit | $29.3M | -77% | — |
| Net earnings | −$3.3M | -104% | — |
| Operating cash flow | $168M | +157% | +28% |
| Free cash flow | $136M | +290% | +21% |
What changed
Revenue was $1.1B in Q2 2025, up 1% year over year and up 8% from the previous quarter. Utility was the largest line at 33% of revenue. Telecommunications added $0.02B year over year (up 41%), 219% of the total change. Solar declined 48%.
Gross margin was 30.6%, down 0.2 points from a year earlier. Operating profit was $0.03B, a 2.8% margin (down 11.4 points year over year). Operating profit fell $0.12B even though revenue rose $0.01B versus a year earlier, so costs grew faster than sales. Operating expenses grew 69% against revenue growth of 1%. The quarter ended with a net loss of $3.3M, after a profit of $0.09B the previous quarter. Net interest and other expense of $0.01B was the main reason.
Operating cash flow was $0.17B (up 28% year over year). Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.14B. Capital expenditures of $0.03B left free cash flow of $0.14B.
Questions
What was Valmont Industries' revenue in the second quarter 2025?
Valmont Industries (VMI) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +1% from a year earlier and +8% from the quarter before.
Was Valmont Industries profitable in the second quarter 2025?
Operating profit was $29.3M (2.8% of revenue) and net loss $3.3M.
Source: Valmont Industries 10-Q on SEC EDGAR.