Q2 25 EPS
$0.19
MISS 85.38%
Est. $1.30
Q2 25 Revenue
$1.64B
MISS 5.93%
Est. $1.74B
vs S&P Since Q2 25
+58.1%
BEATING MARKET
ZIM +74.2% vs S&P +16.1%
Market Reaction
Did ZIM Beat Earnings? Q2 2025 Results
ZIM Integrated Shipping Services delivered a sharply subdued second quarter, as the normalization of container freight markets weighed heavily on results. The Israeli carrier posted Q2 2025 diluted EPS of $0.19, down from $3.08 a year ago, as revenue… Read more ZIM Integrated Shipping Services delivered a sharply subdued second quarter, as the normalization of container freight markets weighed heavily on results. The Israeli carrier posted Q2 2025 diluted EPS of $0.19, down from $3.08 a year ago, as revenue slid 15% year-over-year to $1.64 billion, with the average freight rate per TEU declining 12% to $1,479 and carried volume falling 6% to 895 thousand TEUs. Net income collapsed to $24 million from $373 million in Q2 2024, compressing the net margin to just 1% from 19%, while Adjusted EBITDA fell 38% to $472 million. The quarter underscored the volatility baked into the shipping environment, with Red Sea rerouting disruptions and escalating US-China trade barriers adding further uncertainty. Despite the weak quarterly print, management raised the midpoint of its full-year 2025 Adjusted EBITDA guidance to a range of $1.8 billion to $2.2 billion, and Adjusted EBIT guidance to $550 million to $950 million, signaling measured confidence in the second-half outlook.
Key Takeaways
- • Average freight rate per TEU decreased 12% YoY to $1,479
- • Carried volume decreased 6% YoY to 895 thousand TEUs
- • Adjusted EBITDA margin compressed to 29% from 40% in Q2 2024
- • Net income margin fell to 1% from 19% in Q2 2024
- • Red Sea disruptions extending voyage durations and increasing vessel capacity demand
- • High freight rate volatility driven by US tariff announcements
ZIM YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
ZIM Revenue by Segment
With YoY comparisons, source: SEC Filings
“Amid market disruptions and volatility, we continued to leverage our upscaled capacity and improved cost structure in Q2. In this highly uncertain market environment, our focus is controlling what we can to position ZIM for sustainable and profitable growth over the long term.”
— Eli Glickman, Q2 2025 Earnings Press Release
ZIM Earnings Trends
ZIM vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ZIM EPS Trend
Earnings per share: estimate vs actual
ZIM Revenue Trend
Quarterly revenue: estimate vs actual
ZIM Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $-1.37 | $-0.71 | +48.28% | $1.40B | -4.02% |
| Q4 25 BEAT FY | $-1.00 | $0.32 | +132.00% | $1.49B | -3.39% |
| FY Full Year | $2.74 | $3.98 | +45.26% | $6.90B | -0.30% |
| Q3 25 MISS FY | $1.06 | $1.02 | -3.60% | $1.78B | +2.34% |
| FY Full Year | $2.74 | — | — | — | — |
| Q2 25 MISS | $1.30 | $0.19 | -85.38% | $1.64B | -5.93% |
| Q1 25 BEAT | $1.96 | $2.45 | +24.85% | $2.01B | +9.06% |
| Q4 24 BEAT FY | $3.49 | $4.66 | +33.45% | $2.17B | +7.28% |
| FY Full Year | $16.74 | $17.82 | +6.42% | $8.43B | +2.72% |