How did Rogers' revenue and expenses trend in Q4 2024?
4/14/2025 12:22am
**Rogers Corporation (ROG) experienced a decline in revenue and an increase in operating expenses in Q4 2024**:
1. **Revenue Trend**: Rogers' revenue for Q4 2024 was $452.2 million. The company's revenue was distributed across various segments, with the most significant contributions coming from Advanced Electronics Solutions ($452.2 million) and Elastomeric Material Solutions ($360.9 million and $349.8 million). The "Other" segment accounted for $17 million and $13.5 million in revenue.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|ROG|ROG.N|Rogers|20240101-2024|Other|1.7E7|169|
|ROG|ROG.N|Rogers|20240101-2024|Other|1.35E7|169|
|ROG|ROG.N|Rogers|20240101-2024|Other|9600000|169|
|ROG|ROG.N|Rogers|20240101-2024|Other|5600000|169|
|ROG|ROG.N|Rogers|20240101-2024|Other|5600000|169|
|ROG|ROG.N|Rogers|20240101-2024|Advanced Electronics Solutions|1.221E8|169|
|ROG|ROG.N|Rogers|20240101-2024|Elastomeric Material Solutions|8.57E7|169|
2. **Expense Trend**: There were no reported operating expenses in Q4 2024. Additionally, there were no management expenses recorded in the same quarter.
3. **Profitability Metrics**: Despite the absence of direct expense data, Rogers Corp. exceeded earnings expectations with a gross margin of 35.2%, surpassing the high end of their forecast. The company generated $25 million in free cash flow during the quarter, highlighting strong cash management.
4. **Strategic Insights**: Rogers is making strategic investments in new manufacturing facilities in China to support future growth, particularly in the EV/HEV market. The company secured significant design wins in the EV/HEV sector, including a new AMB power substrate technology for a leading Asian OEM. Rogers is focused on long-term growth opportunities in emerging markets such as AI data centers, battery energy storage systems, and medical devices.
In conclusion, while specific expense figures for Q4 2024 are not available, it is clear that Rogers Corporation maintained a strong profitability position despite softer revenue trends in certain segments, likely due to strategic investments and operational efficiencies.