Snap-on

SNA Q2 2025 Earnings

Reported Jul 17, 2025 at 6:31 AM ET · SEC Source

Q2 25 EPS

$4.72

BEAT +1.38%

Est. $4.66

Q2 25 Revenue

$1.18B

BEAT +1.86%

Est. $1.16B

vs S&P Since Q2 25

+2.4%

BEATING MARKET

SNA +19.2% vs S&P +16.8%

Market Reaction

Did SNA Beat Earnings? Q2 2025 Results

Snap-on delivered a modest but clean beat in its second quarter of 2025, posting diluted EPS of $4.72 against a consensus estimate of $4.66, a 1.38% beat, while revenue of $1.18 billion edged past expectations by 1.86% despite falling 7.8% from a yea… Read more Snap-on delivered a modest but clean beat in its second quarter of 2025, posting diluted EPS of $4.72 against a consensus estimate of $4.66, a 1.38% beat, while revenue of $1.18 billion edged past expectations by 1.86% despite falling 7.8% from a year ago. The headline numbers masked meaningful divergence beneath the surface: the Tools Group emerged as the quarter's clearest bright spot, with sales climbing to $491.00 million on 1.6% organic growth in the U.S. Market, as technicians responded to a deliberate pivot toward quick-payback products. That momentum helped offset a sharp deterioration in the Commercial and Industrial Group, where sales dropped to $347.80 million and operating margin contracted to 13.5% from 16.7%, pressured by weakness in Asia Pacific, European hand tools, and critical industries activity. Gross margin held firm at 50.5%, underscoring the company's pricing discipline. Looking ahead, Snap-on reaffirmed its confidence in a "make where we sell" manufacturing strategy as a buffer against tariff-related uncertainty, with full-year capital expenditures projected at approximately $100 million.

Key Takeaways

  • Return of U.S. sales growth in the Tools Group through pivot to quick payback items
  • Higher OEM dealership activity and increased diagnostics and repair information product sales in RS&I
  • Resilient gross margins at 50.5%
  • Favorable foreign currency translation of $8.6 million offsetting organic sales decline
  • Rise in specialty torque operations partially offsetting C&I Group declines
24/7 Wall St

SNA YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

24/7 Wall St

SNA Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“We're encouraged by our second quarter results, from the return of sales growth in the U.S. Tools Group to the resilient gross margins and solid operating earnings performance of the overall enterprise, all achieved against the persistent headwinds of general uncertainty and trade turbulence.”

— Nick Pinchuk, Q2 2025 Earnings Press Release