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CitroTech (CITR) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 14, 2025

CitroTech (CITR) reported revenue of $688K for the second quarter 2025 (Q2 2025), +246% from a year earlier and -29% from the quarter before. Operating margin was -438.8%.

Revenue$688K
Year over year+246%
Quarter over quarter-29%
Operating margin-438.8%
Net earnings−$11.9M

CitroTech, Q2 2025: revenue $688K (+246% year over year), operating margin -438.8%, net loss $11.9M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$688K-29%+246%
Operating profit−$3.0M——
Net earnings−$11.9M——
Operating cash flow−$1.2M——

What changed

Revenue was $688K in Q2 2025, up 246% year over year and down 29% from the previous quarter.

Operating costs exceeded revenue by $3.0M, an operating margin of -438.8%. Total costs grew 235% against revenue growth of 246%. The fastest-growing cost line was Other operating costs (+359%). The quarter ended with a net loss of $11.9M, wider than the previous quarter's $10.9M loss. Net interest and other expense of $8.9M was the main reason.

Operating cash flow was −$1.2M. Non-cash charges added back $77K of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items added $6.2M. Capital expenditures of $141K exceeded it, leaving free cash flow of −$1.4M.

Questions

What was CitroTech's revenue in the second quarter 2025?

CitroTech (CITR) reported revenue of $688K for the second quarter 2025 (Q2 2025), +246% from a year earlier and -29% from the quarter before.

Was CitroTech profitable in the second quarter 2025?

Operating loss was $3.0M (-438.8% of revenue) and net loss $11.9M.

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Source: CitroTech 10-Q on SEC EDGAR.