Weyerhaeuser delivered QQ2 2025 results that reflect both the cyclicality of the timber and wood products markets and the company’s ongoing focus on cash generation and balance sheet discipline. Revenue for the quarter was USD 1.884 billion, down 2.84% year over year but up 6.86% quarter over quarter, underscoring a modest sequential rebound amidst a softer annual comparison. Gross margin stood at 17.25%, with operating margin at 9.45% and net margin at 4.62%. Net income of USD 87 million and EPS of USD 0.12 illustrate a compatible profitability trajectory given the revenue backdrop and cost structure. EBITDA was USD 290 million, yielding an EBITDA margin of about 15.4%. Free cash flow generated was USD 288 million, and operating cash flow amounted to USD 396 million, supporting a robust balance sheet and a deleveraging signal through modest share repurchases and a dividend program.