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Dana (DAN) Q2 FY2025 earnings: revenue $1.9 billion, down 5.5% on the year

Dana Inc. (DAN) reported revenue of $1.9 billion for Q2 FY2025, the quarter ended 30 June 2025, down 5.5% on the same quarter a year earlier. Net income was $27 million, up 68.8% on the year, and diluted earnings per share $0.19. The figures are the company's own, from the 10-Q it filed with the SEC on 11 August 2025.

Revenue$1.9 billiondown 5.5%
Net income$27 millionup 68.8%
Diluted EPS$0.19
QuarterQ2 FY2025ended 30 June 2025

The quarter, against the one before and a year earlier

LineQ2 FY2025Q1 FY2025Q2 FY2024Change on the year
Revenue1,9351,7812,047-5.5%
Cost of revenue1,7971,6631,930-6.9%
Gross profit138118117+17.9%
Gross margin7.1%6.6%5.7%
Selling, general and administrative99.0105108-8.3%
Operating income16.08.0-13.0n/a
Operating margin0.8%0.4%-0.6%
Interest expense44.039.040.0+10.0%
Pre-tax income-25.0-29.0-52.0n/a
Income tax10.0-10.012.0-16.7%
Net income27.025.016.0+68.8%
Net margin1.4%1.4%0.8%
Diluted EPS$0.19$0.17$0.11+72.7%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

LineQ2 FY2025Q1 FY2025Q2 FY2024Change on the year
Operating cash flow32.0-37.0215-85.1%
Capital expenditure29.067.0111-73.9%
Free cash flow3.0-104104-97.1%
Free cash flow margin0.2%-5.8%5.1%
Cash from investing5.0-65.0-114n/a
Cash from financing-94.095.0-31.0n/a
Depreciation and amortisation92.085.094.0-2.1%
Share-based compensation11.013.08.0+37.5%
Dividends paid14.015.014.0+0.0%
Dividend per share$0.10$0.10$0.10+0.0%
Diluted shares, weighted144m147m145m-0.9%
Shares outstanding at period end131m146m145m-9.5%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

LineQ2 FY2025Q1 FY2025Q2 FY2024Change on the year
Shareholders' equity1,2041,3791,475-18.4%
Non-controlling interest66.067.069.0-4.3%
Redeemable equity189189205-7.8%
Short-term borrowings53013019.0+2689.5%
Debt2,5682,4282,386+7.6%
Operating lease liabilities242262262-7.6%
Other liabilities3,3403,3453,392-1.5%
Total liabilities and equity8,1397,8007,808+4.2%
Goodwilln/a257256n/a
Intangible assets79.0148163-51.5%
Cash and equivalents486507419+16.0%
Receivables1,1431,4251,501-23.9%
Inventory1,1051,6171,602-31.0%
Other assets5,3263,8463,867+37.7%
Total assets8,1397,8007,808+4.2%

Questions

What was Dana's revenue in Q2 FY2025?

Dana (DAN) reported revenue of $1.9 billion for Q2 FY2025, the quarter ended 30 June 2025, down 5.5% on the same quarter a year earlier.

How much did Dana earn in Q2 FY2025?

Net income for Q2 FY2025 was $27 million, up 68.8% on the year, and diluted earnings per share $0.19.

When did Dana report Q2 FY2025 results?

Dana filed its 10-Q for the quarter ended 30 June 2025 with the SEC on 11 August 2025.

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024 †Q2 FY2024 †Q3 FY2024 †Q4 FY2024Q1 FY2025 †Q2 FY2025Q3 FY2025Q4 FY2025Q1 FY2026Q2 FY2026
Revenue2,6692,4942,0152,0471,8971,7751,7811,9351,9171,8671,8682,010
Cost of revenue2,4332,3301,9031,9301,7751,7481,6631,7971,7511,6871,6991,800
Gross profit23616411211712227.0118138166180169210
Gross margin9%7%6%6%6%2%7%7%9%10%9%10%
SG&A12613913910810612310599.087.0n/a102104
Operating income91.011.070.0-13.0-8.0-36.08.016.053.0n/a19.076.0
Operating margin3%0%3%-1%-0%-2%0%1%3%n/a1%4%
Interest expense41.040.039.040.038.043.039.044.047.051.022.021.0
Pre-tax income55.0-26.035.0-52.0-41.0-74.0-29.0-25.09.0n/a-4.059.0
Tax rate60%n/a106%n/an/an/an/an/a-22%n/an/a92%
Net income19.0-39.03.016.04.0-80.025.027.083.0-50.01,087-5.0
Net margin1%-2%0%1%0%-5%1%1%4%-3%58%-0%
Diluted EPS$0.13-$0.27$0.02$0.11$0.03-$0.55$0.17$0.19$0.64-$0.43$9.89-$0.05
Operating cash flow112278-10221535.0302-37.032.0111406-195109
Capital expenditure11714270.011146.015367.029.049.0n/a62.0142
Free cash flow-5.0136-172104-11.0149-1043.062.0n/a-257-33.0
Buybacksn/an/an/an/an/an/an/an/a182n/a12544.0
Dividends paid14.015.015.014.014.015.015.014.013.012.013.013.0
Shares outstanding144m144m145m145m145m145m146m131m122m112m109m108m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Source

10-Q for the period ended 30 June 2025, filed 11 August 2025, accession 0001437749-25-025910: the filing on EDGAR. All of Dana Inc.'s filings: EDGAR company page.

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