Filing Flows › ConnectM Technology Solutions (CNTM) › Q1 2025
ConnectM Technology Solutions (CNTM) Q1 2025 earnings results (first quarter 2025)
10-Q filed Aug 25, 2025
ConnectM Technology Solutions (CNTM) reported revenue of $9.0M for the first quarter 2025 (Q1 2025), +67% from a year earlier and +43% from the quarter before. Operating margin was -36.4%, net loss $7.0M (77.6% of revenue).
ConnectM Technology Solutions, Q1 2025: revenue $9.0M (+67% year over year), operating margin -36.4%, net loss $7.0M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.0M | +43% | +67% |
| Operating profit | −$3.3M | — | — |
| Net earnings | −$7.0M | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $9.0M in Q1 2025, up 67% year over year and up 43% from the previous quarter.
Gross margin was 33.5%, up 3.7 points from a year earlier. Operating costs exceeded revenue by $3.3M, an operating margin of -36.4%. Operating expenses grew 108% against revenue growth of 67%. The quarter ended with a net loss of $7.0M, narrower than the previous quarter's $7.8M loss. Net interest and other expense of $3.7M was the main reason.
Operating cash flow was −$2.8M. Non-cash charges added back $81K of depreciation and amortization. Working capital and other items added $4.1M. Capital expenditures of $3K exceeded it, leaving free cash flow of −$2.8M.
Questions
What was ConnectM Technology Solutions' revenue in the first quarter 2025?
ConnectM Technology Solutions (CNTM) reported revenue of $9.0M for the first quarter 2025 (Q1 2025), +67% from a year earlier and +43% from the quarter before.
Was ConnectM Technology Solutions profitable in the first quarter 2025?
Operating loss was $3.3M (-36.4% of revenue) and net loss $7.0M.