Total Revenue

N/A – Q1 2025 revenue reached $1,613.7M

Total Revenue was driven by strong segment contributions—Regional Spring Water ($794.1M), Purified Water ($514.4M), Premium Water ($73.9M), Other Water ($34.8M), and Other ($196.5M)—reflecting effective pricing, volume, and mix strategies compared to previous periods where such diversified contributions laid the foundation for growth. " "

Gross Margin

N/A – Gross margin approximated 32% for Q1 2025

Achieving a 32% gross margin on net sales of $1,613.7M (with cost of sales of $1,092.7M) suggests ongoing effective cost control and operational efficiencies, building on cost management efforts seen in previous periods to support profitability. "

Operating Income

Improved from a loss of $81.0M in Q4 2024 to a positive $153.2M in Q1 2025

The dramatic turnaround in Operating Income—a swing of roughly $234.2M—is attributable to enhanced revenue performance and improved cost management, signaling a rebound from the prior period's operational challenges. " "

Net Income

Recovered from a net loss of $157.7M in Q4 2024 to $28.7M in Q1 2025, an approximate improvement of $186.4M

The significant recovery in Net Income—from a loss of $157.7M to a positive $28.7M—reflects the company’s ability to reverse previous losses through improved operational performance and effective cost control measures, indicating a substantial turnaround relative to the previous quarter. " "

Cash and Cash Equivalents

Declined by roughly 27%, from $614.4M in Q4 2024 to $449.7M in Q1 2025 (a decrease of approximately $164.7M)

The reduction in Cash and Cash Equivalents can be linked to increased outflows—possibly related to capital expenditures, investments, or financing activities—that were more pronounced in Q1 2025 compared to Q4 2024, emphasizing the trade-off between deploying cash for growth initiatives and maintaining liquidity. "