---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-168635"
form_type: "8-K"
ticker: "WSO"
cik: "0000105016"
company_name: "WATSCO INC"
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T22:47:29.085968+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Watsco Reports Q2 2025 Results: Record Gross Margins and Operating Margin Expansion Despite Revenue Decline

## Summary
- Revenue decreased 4% to $2.06 billion, but gross profit rose 4% to a record $603 million with 220 bps margin expansion to 29.3%.
- EPS was $4.52 vs $4.49 prior year; operating income up 1% to $272 million; operating margin expanded 60 bps to 13.2%.
- A2L product transition drove double-digit pricing, offset by lower unit volumes; new A2L equipment sales mix reached 60% in Q2.
- Watsco raised annual dividend 11% to $12.00 per share in April 2025, marking 51st consecutive year of dividends.
- Company had $293M cash, no debt, $3B equity; invested over $250M in technology in last five years; 70,000+ users on HVAC Pro+ Mobile Apps.

## SEC filing metadata
- accession: 0001193125-25-168635
- form_type: 8-K
- ticker: WSO
- cik: 0000105016
- company_name: WATSCO INC
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105016/000119312525168635/0001193125-25-168635-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105016/000119312525168635/d941916d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-168635
- JSON: https://secwatch.observer/filing/0001193125-25-168635.json
- Plain text: https://secwatch.observer/filing/0001193125-25-168635.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.