Filing Flows › Clarus (CLAR) › Q1 2025
Clarus (CLAR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Clarus (CLAR) reported revenue of $60.4M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -15% from the quarter before. Operating margin was -11.2%, net loss $5.2M (8.7% of revenue).
Clarus, Q1 2025: revenue $60.4M (-13% year over year), operating margin -11.2%, net loss $5.2M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $60.4M | -15% | -13% |
| Operating profit | −$6.8M | — | — |
| Net earnings | −$5.2M | — | — |
| Operating cash flow | −$2.1M | — | — |
What changed
Revenue was $60.4M in Q1 2025, down 13% year over year and down 15% from the previous quarter.
Gross margin was 34.4%, down 1.4 points from a year earlier. Operating costs exceeded revenue by $6.8M, an operating margin of -11.2%. Operating expenses fell 13% while revenue fell 13%. The quarter ended with a net loss of $5.2M, narrower than the previous quarter's $65.5M loss.
Operating cash flow was −$2.1M. Non-cash charges added back $3.1M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$3.3M.
Questions
What was Clarus' revenue in the first quarter 2025?
Clarus (CLAR) reported revenue of $60.4M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -15% from the quarter before.
Was Clarus profitable in the first quarter 2025?
Operating loss was $6.8M (-11.2% of revenue) and net loss $5.2M.
Source: Clarus 10-Q on SEC EDGAR.