Filing Flows › CapForce (CFOR) › Q2 2025
CapForce (CFOR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Oct 31, 2025
CapForce (CFOR) reported revenue of $4.0M for the second quarter 2025 (Q2 2025), up 143-fold from a year earlier. Operating margin was 85.1%, net earnings $3.5M (87.7% of revenue).
CapForce, Q2 2025: revenue $4.0M (143× year over year), operating margin 85.1%, net earnings $3.5M, operating cash flow −$447K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0M | — | 143× |
| Operating profit | $3.4M | — | — |
| Net earnings | $3.5M | — | — |
| Operating cash flow | −$447K | — | — |
What changed
Revenue was $4.0M in Q2 2025, up 14186% year over year.
Operating profit was $3.4M, a 85.1% margin (up 5611.2 points year over year). Total costs fell 62% while revenue rose 14186%. Net earnings were $3.5M. The effective tax rate was 0.0%.
Operating cash flow was −$447K. Non-cash charges added back $47K of depreciation and amortization and $101K of share-based compensation. Working capital and other items used $4.1M.
Questions
What was CapForce's revenue in the second quarter 2025?
CapForce (CFOR) reported revenue of $4.0M for the second quarter 2025 (Q2 2025), up 143-fold from a year earlier.
Was CapForce profitable in the second quarter 2025?
Operating profit was $3.4M (85.1% of revenue) and net earnings $3.5M.
Source: CapForce 10-Q on SEC EDGAR.