Filing Flows › AlTi Global (ALTI) › Q2 2025
AlTi Global (ALTI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
AlTi Global (ALTI) reported revenue of $52.4M for the second quarter 2025 (Q2 2025), +6% from a year earlier and -8% from the quarter before. Operating margin was -57.6%, net loss $30.0M (57.4% of revenue).
AlTi Global, Q2 2025: revenue $52.4M (+6% year over year), operating margin -57.6%, net loss $30.0M, operating cash flow −$19.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52.4M | -8% | +6% |
| Operating profit | −$30.1M | — | — |
| Net earnings | −$30.0M | — | — |
| Operating cash flow | −$19.9M | — | — |
What changed
Revenue was $52.4M in Q2 2025, up 6% year over year and down 8% from the previous quarter.
Operating costs exceeded revenue by $30.1M, an operating margin of -57.6%. Total costs grew 28% against revenue growth of 6%. The fastest-growing cost line was General & admin (+78%). The quarter ended with a net loss of $30.0M, wider than the previous quarter's $2.9M loss. Minority interests bore $5.7M of it: to shareholders the quarter was a loss of $24.4M.
Operating cash flow was −$19.9M. Non-cash charges added back $4.6M of depreciation and amortization and $9.2M of share-based compensation. Working capital and other items used $3.7M. Capital expenditures of $24K exceeded it, leaving free cash flow of −$20.0M.
Questions
What was AlTi Global's revenue in the second quarter 2025?
AlTi Global (ALTI) reported revenue of $52.4M for the second quarter 2025 (Q2 2025), +6% from a year earlier and -8% from the quarter before.
Was AlTi Global profitable in the second quarter 2025?
Operating loss was $30.1M (-57.6% of revenue) and net loss $30.0M.
Source: AlTi Global 10-Q on SEC EDGAR.