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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 2.06B | 34.7% |
| Gross Profit | 603M | 40.5% |
| Cost of Revenue | 1.46B | 32.5% |
| Operating expense | 332M | 4.5% |
| Net Income | 184M | 129.3% |
| EBITDA | 274M | 132.7% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 4.73B | 6.2% |
| Total Liabilities | 1.51B | 10.3% |
| Total Equity | 2.76B | 3.6% |
| Shares Outstanding | 38M | 0.1% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | -7.4M | 95.8% |
| Cash from investing | -22M | 109.1% |
| Cash from financing | -113M | 30.4% |
EPS
Financial Highlights for Watsco in Q2 '25
Watsco reported a revenue of 2.06B, which is a 34.7% 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 603M, marking a 40.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.46B, a 32.5% 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 332M, showing a 4.5% 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 184M, showing a 129.3% 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 274M, showing a 132.7% 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 Watsco with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
