Watsco (WSO) Q2 Revenue Drops 4%

(NYSE:WSO), the largest distributor of heating, ventilation, air conditioning, and refrigeration (HVAC/R) equipment in North America, released its second quarter 2025 earnings on July 30, 2025. The most notable news from the quarter was a sharp revenue decline, with GAAP revenue totaling $2.06 billion, which was below Wall Street GAAP estimates of $2.22 billion. Revenue was 3.6% below the prior year period. GAAP earnings per share were $4.52, falling short of the expected $4.78 (GAAP). GAAP earnings per share were nearly flat year over year. Despite these challenges, it achieved record gross and operating margins. The quarter's overall story was one of margin expansion despite significant revenue headwinds tied to regulatory changes and market softness.

Source: Analyst estimates for the quarter provided by FactSet.

(NYSE:WSO) is North America's largest distributor of HVAC/R equipment, with a presence in 43 U.S. states and across Canada, Mexico, and Puerto Rico. It operates from 701 locations and serves over 130,000 contractors, supplying HVAC equipment, replacement parts, and refrigeration solutions to both residential and commercial customers.

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Source Fool.com