Filing Flows › Wolverine World Wide (WWW) › Q2 2025
Wolverine World Wide (WWW) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Wolverine World Wide (WWW) reported revenue of $474M for the second quarter 2025 (Q2 2025), +12% from a year earlier and +15% from the quarter before. Operating margin was 8.6%, net earnings $26.8M (5.7% of revenue).
Wolverine World Wide, Q2 2025: revenue $474M (+12% year over year), operating margin 8.6%, net earnings $26.8M, operating cash flow $44.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $474M | +15% | +12% |
| Gross profit | $224M | +14% | +22% |
| Operating profit | $40.7M | +107% | +40% |
| Net earnings | $26.8M | +141% | +94% |
| Operating cash flow | $44.6M | — | +67% |
| Free cash flow | $41.2M | — | +74% |
What changed
Revenue was $474.2M in Q2 2025, up 12% year over year and up 15% from the previous quarter. Active Group was the largest line at 75% of revenue. Active Group added $49.6M year over year (up 16%), 101% of the total change. Other declined 22%.
Gross margin was 47.2%, up 4.2 points from a year earlier. Operating profit was $40.7M, a 8.6% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 24% reached operating profit, above the 7% margin then. Operating expenses grew 19% against revenue growth of 12%. Net earnings were $26.8M, up 94% year over year. The effective tax rate was 13.7%.
Operating cash flow was $44.6M (up 67% year over year), 154% of net income including minority interests. Non-cash charges added back $6.4M of depreciation and amortization and $6.9M of share-based compensation. Working capital and other items added $2.3M. Capital expenditures of $3.4M left free cash flow of $41.2M.
Questions
What was Wolverine World Wide's revenue in the second quarter 2025?
Wolverine World Wide (WWW) reported revenue of $474M for the second quarter 2025 (Q2 2025), +12% from a year earlier and +15% from the quarter before.
Was Wolverine World Wide profitable in the second quarter 2025?
Operating profit was $40.7M (8.6% of revenue) and net earnings $26.8M.