Filing Flows › Big Digital Energy (BGDE) › Q1 2025
Big Digital Energy (BGDE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Big Digital Energy (BGDE) reported revenue of $13.8M for the first quarter 2025 (Q1 2025), -26% from a year earlier and -8% from the quarter before. Operating margin was 4.2%, net loss $311K (2.3% of revenue).
Big Digital Energy, Q1 2025: revenue $13.8M (-26% year over year), operating margin 4.2%, net loss $311K, operating cash flow −$510K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.8M | -8% | -26% |
| Operating profit | $577K | — | — |
| Net earnings | −$311K | — | — |
| Operating cash flow | −$510K | — | — |
What changed
Revenue was $13.8M in Q1 2025, down 26% year over year and down 8% from the previous quarter. Digital Colocation Revenues was the largest line at 75% of revenue. Digital Assets Mining Revenue lost $7.2M year over year (down 96%), 145% of the total change.
Gross margin was 42.9%, up 5.7 points from a year earlier. Operating profit was $577K, a 4.2% margin (up 45.2 points year over year). Operating expenses fell 64% while revenue fell 26%. The quarter ended with a net loss of $311K, narrower than the previous quarter's $4.5M loss. Net interest and other expense of $777K was the main reason.
Operating cash flow was −$510K. Non-cash charges added back $1.5M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $3.8M. Capital expenditures of $6K exceeded it, leaving free cash flow of −$517K.
Questions
What was Big Digital Energy's revenue in the first quarter 2025?
Big Digital Energy (BGDE) reported revenue of $13.8M for the first quarter 2025 (Q1 2025), -26% from a year earlier and -8% from the quarter before.
Was Big Digital Energy profitable in the first quarter 2025?
Operating profit was $577K (4.2% of revenue) and net loss $311K.
Source: Big Digital Energy 10-Q on SEC EDGAR.