How did AZEK's revenue and expenses trend in Q1 2025?

In Q1 2025, AZEK's revenue and expenses showed the following trends: 1. **Revenue Trend**: AZEK's revenue was $1.37 billion in Q1 2025, with segments contributing as follows: Residential ($1.37 billion), Commercial ($72.64 million), and Commercial ($28.62 million) and Commercial ($13.43 million). This indicates a strong revenue base, with the Residential segment being the primary contributor. 2. **Expense Trend**: The net income for AZEK in Q1 2025 was $54.29 million. Operating expenses were not provided, but the gross margin was 36.77%, which represents the percentage of revenue remaining after deducting the cost of goods sold. A decrease of 1.17% in gross margin suggests that the cost of goods sold increased as a percentage of revenue, potentially impacting the net income. 3. **Segment Performance**: The Residential segment generated the highest revenue, followed by the Commercial segment. This indicates a balanced business strategy with a focus on both residential and commercial markets. 4. **Financial Health**: The net income of $54.29 million and the absence of operating expenses data suggest that AZEK maintained financial stability in Q1 2025, with a healthy gross margin providing a buffer against potential expenses. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |AZEK|AZEK.N|AZEK|2024 Q2|173.02057613168725|4.9758E7|169| |AZEK|AZEK.N|AZEK|2024 Q3|44.659353348729795|5.011E7|169| |AZEK|AZEK.N|AZEK|2024 Q4|-27.702582141673677|2.8363E7|169| |AZEK|AZEK.N|AZEK|2025 Q1|-27.93065054875139|1.8124E7|169| |code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code| |---|---|---|---|---|---|---| |AZEK|AZEK.N|AZEK|2024 Q2|37.5992|43.382526789459654|169| |AZEK|AZEK.N|AZEK|2024 Q3|37.6911|28.472823456428216|169| |AZEK|AZEK.N|AZEK|2024 Q4|37.5867|19.705916074294887|169| |AZEK|AZEK.N|AZEK|2025 Q1|36.2791|-3.7717732373856387|169|