Filing Flows › Applied Energetics (AERG) › Q1 2025
Applied Energetics (AERG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Applied Energetics (AERG) reported revenue of $210K for the first quarter 2025 (Q1 2025), +56% from a year earlier and -73% from the quarter before.
Applied Energetics, Q1 2025: revenue $210K (+56% year over year), net loss $3.1M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $210K | -73% | +56% |
| Operating profit | −$3.1M | — | — |
| Net earnings | −$3.1M | — | — |
| Operating cash flow | −$1.7M | — | — |
What changed
Revenue was $210K in Q1 2025, up 56% year over year and down 73% from the previous quarter.
Gross margin was 69.5%. Operating costs exceeded revenue by $3.1M, an operating margin of -1480.6%. The fastest-growing cost line was Sales & marketing (+322%). The quarter ended with a net loss of $3.1M, wider than the previous quarter's $2.1M loss.
Operating cash flow was −$1.7M. Non-cash charges added back $56K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $326K. Capital expenditures of $114K exceeded it, leaving free cash flow of −$1.8M.
Questions
What was Applied Energetics' revenue in the first quarter 2025?
Applied Energetics (AERG) reported revenue of $210K for the first quarter 2025 (Q1 2025), +56% from a year earlier and -73% from the quarter before.
Source: Applied Energetics 10-Q on SEC EDGAR.