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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 343M | 3.3% |
| Gross Profit | 217M | 4.3% |
| Cost of Revenue | 126M | 1.7% |
| Operating expense | 115M | 1.4% |
| Net Income | 72M | 12.4% |
| EBITDA | 119M | 9.7% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 24.5B | 1.3% |
| Total Liabilities | 21.8B | 1.3% |
| Total Equity | 2.71B | 1.8% |
| Shares Outstanding | 130M | 0% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 187M | 111% |
| Cash from investing | -427M | 141.8% |
| Cash from financing | 265M | 128.1% |
EPS
Financial Highlights for Provident Financial Services in Q2 '25
Provident Financial Services reported a revenue of 343M, which is a 3.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 217M, marking a 4.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 126M, a 1.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 115M, showing a -1.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 72M, showing a 12.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 119M, showing a 9.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Provident Financial Services with growth in revenue, gross profit, and net income.
