Filing Flows › Big Digital Energy (BGDE) › Q2 2025
Big Digital Energy (BGDE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Big Digital Energy (BGDE) reported revenue of $9.5M for the second quarter 2025 (Q2 2025), -27% from a year earlier and -31% from the quarter before. Operating margin was -68.9%, net loss $8.0M (84.1% of revenue).
Big Digital Energy, Q2 2025: revenue $9.5M (-27% year over year), operating margin -68.9%, net loss $8.0M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.5M | -31% | -27% |
| Operating profit | −$6.6M | -1240% | — |
| Net earnings | −$8.0M | — | — |
| Operating cash flow | −$2.1M | — | — |
What changed
Revenue was $9.5M in Q2 2025, down 27% year over year and down 31% from the previous quarter. Energy Management Revenue was the largest line at 54% of revenue. Digital Colocation Revenues lost $4.5M year over year (down 55%), 125% of the total change.
Gross margin was 41.3%, up 8.3 points from a year earlier. Operating costs exceeded revenue by $6.6M, an operating margin of -68.9%. Operating expenses fell 5% while revenue fell 27%. The fastest-growing cost line was SG&A (+63%). The quarter ended with a net loss of $8.0M, wider than the previous quarter's $311K loss.
Operating cash flow was −$2.1M. Non-cash charges added back $1.5M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $3.5M. Capital expenditures of $48K exceeded it, leaving free cash flow of −$2.1M.
Questions
What was Big Digital Energy's revenue in the second quarter 2025?
Big Digital Energy (BGDE) reported revenue of $9.5M for the second quarter 2025 (Q2 2025), -27% from a year earlier and -31% from the quarter before.
Was Big Digital Energy profitable in the second quarter 2025?
Operating loss was $6.6M (-68.9% of revenue) and net loss $8.0M.
Source: Big Digital Energy 10-Q on SEC EDGAR.