Chicago Rivet & Machine Co. reports a decline in Q2 2025 sales, posting a net loss despite narrowing losses for the first half of the year compared to 2024.
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| Chicago Rivet & Machine Co. reports a loss in Q2 2025 with a slight recovery in the first half of the year. Despite a decline in sales, the company shows signs of recovery. Image: CH |
Warrenville, Illinois, USA — August 9, 2025:
Chicago Rivet & Machine Co. has announced its second-quarter financial results for 2025, revealing a decrease in net sales and a net loss compared to the same period last year. Despite the challenges, the company showed a modest improvement in the first half of the year.
For Q2 2025, Chicago Rivet reported net sales of $7.3 million, a decline from $8.1 million in the second quarter of 2024. The company also posted a loss before income taxes of $415,048, compared to a profit of $153,514 for the same period last year. Net income for the quarter was a loss of $394,980, down from a net income of $142,141 in Q2 2024. This resulted in a net loss per common share of $0.41 for Q2 2025, compared to earnings of $0.15 per share in the prior year.
Looking at the first half of the year, Chicago Rivet reported a slight improvement. For the six months ending June 30, 2025, net sales were $14.5 million, down from $15.9 million in 2024. However, the company’s net income for the first half was $6,042, a significant improvement from a loss of $555,863 in the same period last year. Earnings per share for the first six months were $0.01, compared to a loss of $0.58 per share in the first half of 2024.
The company also reported that the average number of common shares outstanding remained consistent at 966,132 shares, the same as in 2024.
While Q2 2025 results reflect a challenging quarter for Chicago Rivet & Machine Co., the improvement in the first half of the year signals positive momentum. The company’s full-year results will be subject to a year-end audit, and further financial details will be provided as they become available.