NASDAQ$HWKN

Hawkins Inc · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Hawkins reported record second quarter results driven by Water Treatment segment growth and overall revenue increase.

Hawkins, Inc. reported record second quarter results with revenue growth of 4%, driven by the Water Treatment segment's 23% increase. Gross profit increased by 12%, and diluted EPS rose to $1.16. The company paid down $30 million of debt, resulting in a leverage ratio of 0.65x trailing 12-month proforma adjusted EBITDA.

  • Achieved record second quarter results for revenue, gross profit, operating income, net income, and diluted EPS.
  • Experienced overall revenue growth of 4%, driven by a 23% increase in the Water Treatment segment.
  • Increased gross profit by 12% compared to the same period last year, with Water Treatment segment gross profit growing by 22%.
  • Reported second quarter operating income of $33.7 million, marking the 26th consecutive quarter of year-over-year growth.

Headline financials

Total Revenue

$247M

Previous: $237M+4.4%
EPS

$1.16

Previous: $1.10+5.5%
Capital Expenditures

-$21.3M

Previous: -$16.9M-25.8%
Free Cash Flow

$2.83M

Previous: $6.29M-55.0%
Net Income

$24.1M

Previous: $23.2M+3.9%
Operating Income

$33.7M

Previous: $33M+2.3%
Gross Profit

$60.2M

Previous: $53.9M+11.8%
Total Assets

$690M

Previous: $575M+19.9%
Stock-Based Comp

$1.83M

Previous: $1.26M+45.4%

Revenue & EPS history

Hawkins · Revenue · Quarterly

$247M

Q2 2025+4.4%vs Q2 2024
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Revenue by segment

Hawkins · $237M total across 3 segments · Q2 2024

  • Water Treatment
    $101M+16.7%
  • Industrial Solutions
    $98.5M-13.5%
  • Food & Health Sciences
    $37.1M-9.1%

Forward guidance

Looking to the third quarter, we expect continued growth within our Water Treatment segment and for our Health and Nutrition segment to resume growth. We expect to see our Industrial segment continue to perform similar to the first half of fiscal 2025.

Tailwinds

  • Continued growth within our Water Treatment segment
  • Health and Nutrition segment to resume growth

Headwinds

  • Industrial segment continue to perform similar to the first half of fiscal 2025

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.7%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+5.6%

Avg return

30 days after

56%

36 / 64 earnings

Positive

+17.6%

Q1 2025

Best reaction

-10.2%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-3.2%-5.5%-2.1%
Q3 2026-9.1%-17.6%-3.0%
Q2 2026-5.0%-19.0%-18.0%
Q4 2025-0.7%+5.8%+13.5%
Q3 2025-8.4%-0.1%-9.6%
Q2 2025-8.8%-9.3%+14.8%
Q1 2025+17.6%+11.1%+22.8%
Q4 2024+9.4%+15.4%+13.1%
Q3 2024-10.2%-13.5%+1.7%
Q2 2024-5.1%+5.8%+9.0%
Q1 2024+7.1%+10.2%+35.9%
Q4 2023+12.3%+9.1%+15.4%
Q3 2023+9.8%+5.5%+8.1%
Q2 2023-2.3%-9.5%-9.6%
Q1 2023+3.9%+7.4%-1.7%
Q4 2022-7.5%-10.5%-7.2%
Q3 2022+9.4%+5.8%+23.9%
Q2 2022-7.1%-4.7%-11.6%
Q1 2022+14.9%+12.4%+22.3%
Q4 2021+4.0%+2.5%-0.3%
Q3 2021+9.7%+11.5%+25.1%
Q2 2021+3.8%-5.8%+2.6%
Q1 2021+2.1%+8.7%+7.5%
Q4 2020+9.3%+14.9%+11.0%
Q3 2020+0.7%+0.9%-6.7%
Q2 2020+4.0%+7.9%+0.6%
Q1 2020+0.5%+3.9%-1.3%
Q4 2019+4.5%+4.1%+15.5%
Q3 2019-10.1%-14.2%-7.4%
Q2 2019+10.5%+9.0%+22.9%
Q1 2019+9.8%+9.2%+10.7%
Q4 2018-6.9%-3.1%+4.9%
Q3 2018+3.2%+5.7%+5.7%
Q2 2018-2.4%-5.9%-1.0%
Q1 2018-4.4%-7.0%-15.6%
Q4 2017+1.4%+1.6%-1.1%
Q3 2017+0.5%+2.0%-4.6%
Q2 2017+0.7%+3.8%+21.6%
Q1 2017+2.4%+4.0%+4.3%
Q4 2016+10.5%+12.2%+11.3%
Q3 2016+0.3%
Q2 2016+1.1%
Q1 2016+0.3%
Q4 2015+2.2%
Q3 2015-2.4%
Q2 2015+2.5%
Q1 2015-2.0%
Q4 2014-1.8%
Q3 2014-2.0%
Q2 2014-5.5%
Q1 2014-6.6%
Q4 2013-1.8%
Q3 2013+0.3%
Q2 2013+0.8%
Q1 2013+1.9%
Q4 2010-3.1%
Q4 2012-3.1%
Q3 2011+3.2%
Q3 2012+3.2%
Q2 2012+2.5%
Q1 2012-3.3%
Q1 2011-3.3%
Q2 2011-3.3%
Q4 2011-3.3%

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