Filing Flows › Xylem (XYL) › Q2 2025
Xylem (XYL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Xylem (XYL) reported revenue of $2.3B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +11% from the quarter before. Operating margin was 13.3%, net earnings $224M (9.7% of revenue).
Xylem, Q2 2025: revenue $2.3B (+6% year over year), operating margin 13.3%, net earnings $224M, operating cash flow $305M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | +11% | +6% |
| Gross profit | $892M | +16% | +9% |
| Operating profit | $305M | +32% | +21% |
| Net earnings | $224M | +34% | +15% |
| Operating cash flow | $305M | +824% | +6% |
| Free cash flow | $207M | — | -4% |
What changed
Revenue was $2.3B in Q2 2025, up 6% year over year and up 11% from the previous quarter. Revenue from products was the largest line at 83% of revenue. Revenue from products added $0.11B year over year (up 6%), 83% of the total change.
Gross margin was 38.8%, up 1.0 points from a year earlier. Operating profit was $0.30B, a 13.3% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 39% reached operating profit, above the 12% margin then. Operating expenses grew 4% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $0.23B, up 16% year over year. The effective tax rate was 25.1%.
Operating cash flow was $0.30B (up 6% year over year), 136% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.10B left free cash flow of $0.21B.
Questions
What was Xylem's revenue in the second quarter 2025?
Xylem (XYL) reported revenue of $2.3B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +11% from the quarter before.
Was Xylem profitable in the second quarter 2025?
Operating profit was $305M (13.3% of revenue) and net earnings $224M.
Source: Xylem 10-Q on SEC EDGAR.