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Mar 31

DuPont Q1 2025 Earnings Report

DuPont reported first quarter 2025 results showing strong organic sales growth despite a net loss driven by a large non-cash goodwill impairment.

Key Takeaways

DuPont delivered higher revenue and adjusted EPS in Q1 2025, supported by strong demand in electronics, healthcare, and water segments. However, a $768 million goodwill impairment related to segment realignment led to a net loss.

Total Revenue
$3.07B
Previous year: $2.93B
+4.6%
EPS
$1.03
Previous year: $0.79
+30.4%
Operating EBITDA
$788M
Previous year: $682M
+15.5%
EBITDA Margin
25.7%
Trans.-Adj. Free Cash Flow
$212M
Cash and Equivalents
$1.8B
Previous year: $1.93B
-6.8%
Free Cash Flow
$212M
Previous year: $286M
-25.9%
Total Assets
$36B
Previous year: $37.7B
-4.6%

DuPont

DuPont

DuPont Revenue by Segment

DuPont Revenue by Geographic Location

Forward Guidance

DuPont maintained its full-year 2025 outlook with Q2 guidance reflecting a seasonal lift, albeit muted by timing shifts in Semiconductor Technologies.

Positive Outlook

  • Full year 2025 guidance remains unchanged.
  • Strong demand expected in electronics and water end-markets.
  • Q2 forecast includes seasonal sales increase.
  • Continued restructuring benefits anticipated.
  • Electronics spin-off (Qnity) on track for November.

Challenges Ahead

  • Q2 growth muted due to timing shifts in demand.
  • Expected $60M impact from tariffs not included in forecast.
  • Continued currency headwinds.
  • Pressure in construction and auto markets in IndustrialsCo.
  • Separation-related costs continue to affect cash flows.