How did CMC's revenue and expenses trend in Q2 2025 compared to previous quarters?
4/14/2025 12:11am
CMC's revenue and expenses in Q2 2025 showed a significant increase compared to the previous quarter, Q1 2025, and the corresponding quarter in the previous year, Q2 2024.
1. **Revenue Trend**:
- In Q2 2025, CMC's revenue was $7.93 billion.
- In Q1 2025, the revenue was $3.66 billion.
- In Q2 2024, the revenue was $5.93 billion.
- The revenue in Q2 2025 was the highest among these quarters, indicating a strong revenue trend in this period.
2. **Expense Trend**:
- The total expenses in Q2 2025 were not provided, but the cumulative total for Q2 2024 was $1.91 billion.
- This suggests that the expenses in Q2 2025 were likely higher than in Q2 2024, given the higher revenue in Q2 2025 compared to Q2 2024.
3. **Comparison to Q1 2025**:
- The revenue in Q2 2025 was approximately double the revenue in Q1 2025, which was $3.66 billion.
- This indicates a strong growth period for CMC between Q1 and Q2 2025.
4. **Growth Factors**:
- The significant increase in revenue from Q2 2024 to Q2 2025 suggests that there may have been a strong performance or strategic initiatives that contributed to this growth.