Rogers (ROG) Turns Q4 Profit But TTM Losses Keep Bull Narratives Under Pressure

Rogers (ROG) has just wrapped up FY 2025 with Q4 revenue of US$201.5 million and basic EPS of US$0.26, alongside net income of US$4.6 million. Its trailing twelve month figures show revenue of US$810.8 million and a net loss of US$61.8 million, equal to a basic EPS loss of US$3.40. Over recent quarters the company has reported revenue moving from US$192.2 million in Q4 2024 to a range of US$190.5 million to US$216 million through FY 2025, with quarterly basic EPS varying between a loss of US$4.00 and a profit of US$0.58. This leaves investors focused on how sustainably Rogers can rebuild margins from here.

See our full analysis for Rogers.

With the latest earnings on the table, the next step is to see how these numbers align with the key narratives around Rogers, and where the story investors tell themselves might need updating.

See what the community is saying about Rogers

TTM still shows a US$61.8 million loss

• On a trailing twelve month basis, Rogers booked US$810.8 million of revenue and a net loss of US$61.8 million, which equates to a basic EPS loss of US$3.40.
• Consensus narrative points to long term growth from EVs, electrification and high value materials. That story sits alongside recent quarterly swings from a US$73.6 million loss in Q2 2025 to profits of US$8.6 million and US$4.6 million in Q3 and Q4, which tests how quickly those end market themes can translate into steadier earnings.

P/S of 2.4x versus industry 2.7x

• The trailing P/S multiple of 2.4x is below both the US Electronic industry and peer averages of 2.7x, even though trailing earnings have declined at about 35.7% per year over five years and the latest twelve month period is still loss making.
• Bulls focus on cost savings and new products eventually lifting profitability. However, the current share price of US$107.20 sits above a DCF fair value of US$52.91, which challenges the idea that a lower P/S alone offers simple value support when the business has posted a TTM loss of US$61.8 million.

Have a look at how bullish investors frame this trade off between lower P/S and loss making financials in the full market narrative: 🐂 Rogers Bull Case

Revenue growth at 5.8% trails 10.3% market

• The data show Rogers with 5.8% annual revenue growth compared with a 10.3% growth rate for the broader US market, while quarterly sales in FY 2025 moved within a relatively tight band from US$190.5 million to US$216 million.
• Bears argue that slower top line growth and five year earnings declines of 35.7% per year leave little room for error. They point to the TTM net loss of US$61.8 million and the share price trading above the DCF fair value of US$52.91 as evidence that execution on restructuring and EV related demand needs to improve before the risk of weaker margins is fully reflected.

Skeptical investors who lean toward this cautious view often walk through the full bear case before deciding what the current price really implies: 🐻 Rogers Bear Case

Next Steps

To see how these results tie into long-term growth, risks, and valuation, check out the full range of community narratives for Rogers on Simply Wall St. Add the company to your watchlist or portfolio so you'll be alerted when the story evolves.

If this mix of upside potential and earnings pressure leaves you unsure, review the numbers yourself and move quickly to shape your own view. You can begin with 1 important warning sign.

See What Else Is Out There

Rogers is still posting a TTM net loss alongside slower revenue growth than the broader US market and a share price above its DCF fair value.

If that combination of earnings pressure and valuation risk feels uncomfortable, you can quickly compare it with 80 resilient stocks with low risk scores that focus on steadier fundamentals and potentially lower downside.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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