<span item_type="fundamental" item_id="aaf7a8911d5d0d9d03a32d6d9c34ce41" counter_id="ST/US/CHX" env="prod"></span><span item_type="announcement" item_id="511031264696670337" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 864.46 M, missing the estimate of USD 901.95 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD 0.44, missing the estimate of USD 0.4538.</p><p>EBIT: As of FY2025 Q1, the actual value is USD 104.41 M.</p><p></p><h3>Production Chemical Technologies</h3><ul><li><strong>Segment Revenue</strong>: $523.4 million for the three months ended March 31, 2025, compared to $590.1 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li><li><strong>Operating Profit</strong>: $82.2 million for the three months ended March 31, 2025, compared to $87.8 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li></ul><h3>Production &amp; Automation Technologies</h3><ul><li><strong>Segment Revenue</strong>: $264.4 million for the three months ended March 31, 2025, compared to $252.6 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li><li><strong>Operating Profit</strong>: $37.6 million for the three months ended March 31, 2025, compared to $28.5 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li></ul><h3>Drilling Technologies</h3><ul><li><strong>Segment Revenue</strong>: $50.5 million for the three months ended March 31, 2025, compared to $55.2 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li><li><strong>Operating Profit</strong>: $8.2 million for the three months ended March 31, 2025, compared to $44.4 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li></ul><h3>Reservoir Chemical Technologies</h3><ul><li><strong>Segment Revenue</strong>: $26.9 million for the three months ended March 31, 2025, compared to $24.7 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li><li><strong>Operating Profit</strong>: $5.5 million for the three months ended March 31, 2025, compared to $3.7 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: $66.8 million for the three months ended March 31, 2025, compared to $173.5 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li><li><strong>Free Cash Flow</strong>: Not explicitly stated, but cash used in investing activities was $28.2 million, and cash used in financing activities was $20.1 million for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: ChampionX anticipates continued volatility in oil prices due to geopolitical factors and OPEC+ production changes. The company plans to offset cost increases through customer price adjustments and productivity initiatives.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li><li><strong>Non-Core Business</strong>: The company is in the process of divesting US Synthetic Corporation, with expected cash consideration of approximately $300 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Merger Agreement</strong>: ChampionX entered into a merger agreement with Schlumberger Limited, with ChampionX surviving as an indirect wholly owned subsidiary of SLB.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1723089/000172308925000075/championx-20250331.htm"></span></li></ul>

ChampionX | 10-Q: FY2025 Q1 Revenue Misses Estimate at USD 864.46 M