Loading...
•
Mar 31
ChampionX Q1 2025 Earnings Report
ChampionX reported first quarter 2025 results with revenue of $864.5 million, net income of $85.8 million, and adjusted EBITDA of $190.9 million.
Key Takeaways
ChampionX delivered strong adjusted EBITDA and margin, and generated positive free cash flow in the first quarter of 2025, despite a sequential decrease in revenue primarily due to seasonal international declines. The company maintained a strong balance sheet and is well-positioned to help operators maximize the value of their producing assets.
First quarter 2025 revenue was $864.5 million, a 5% sequential decrease.
Net income attributable to ChampionX was $85.8 million.
Adjusted EBITDA was $190.9 million with a 22.1% margin.
Generated $38.6 million in free cash flow, marking the 12th consecutive quarter of positive free cash flow.
ChampionX
ChampionX
ChampionX Revenue by Segment
Revenue by Segment
Production Chemical Tech Revenue
CapyFin.comProduction & Automation Tech Revenue
CapyFin.comDrilling Technologies Revenue
CapyFin.comReservoir Chemical Tech Revenue
CapyFin.com Forward Guidance
ChampionX has discontinued providing quarterly guidance due to the pending acquisition by SLB. The company expects positive performance relative to general oil and gas market activity in 2025.
Positive Outlook
- Anticipates positive performance relative to general oil and gas market activity in 2025.
- Leveraging global and flexible supply chain to address tariff impacts.
- Utilizing long-standing supplier partnerships, pricing adjustments, and productivity initiatives.
- Continuing to serve customers and deliver differentiated margin and free cash flow performance.
- Uniquely well-positioned to help operators maximize the value of producing assets.
Challenges Ahead
- Discontinued providing quarterly guidance due to pending acquisition.
- Subject to regulatory approvals and other customary closing conditions for the SLB transaction.
- Potential impacts from recent changes in international trade policies.
- Transaction subject to risks and uncertainties that may cause actual results to differ materially.
- Ability to operate respective businesses and retain key personnel may be impacted by the transaction.
Revenue & Expenses
Visualization of income flow from segment revenue to net income