Filing Flows › Claritev (CTEV) › Q1 2025
Claritev (CTEV) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Claritev (CTEV) reported revenue of $231M for the first quarter 2025 (Q1 2025), -1% from a year earlier and -0.4% from the quarter before. Operating margin was 4.2%, net loss $71.3M (30.8% of revenue).
Claritev, Q1 2025: revenue $231M (-1% year over year), operating margin 4.2%, net loss $71.3M, operating cash flow −$30.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $231M | -0.4% | -1% |
| Operating profit | $9.7M | — | — |
| Net earnings | −$71.3M | — | — |
| Operating cash flow | −$30.1M | — | — |
What changed
Revenue was $231.3M in Q1 2025, down 1% year over year and roughly flat from the previous quarter. Analytics-Based Services was the largest line at 66% of revenue. Analytics-Based Services lost $6.7M year over year (down 4%), 210% of the total change.
Operating profit was $9.7M, a 4.2% margin (up 211.6 points year over year). Total costs fell 69% while revenue fell 1%. The fastest-growing cost line was General & admin (+45%). The quarter ended with a net loss of $71.3M, narrower than the previous quarter's $138.0M loss. Net interest and other expense of $99.6M was the main reason.
Operating cash flow was −$30.1M. Non-cash charges added back $110.5M of depreciation and amortization and $6.3M of share-based compensation. Working capital and other items used $75.6M. Capital expenditures of $38.9M exceeded it, leaving free cash flow of −$68.9M.
Questions
What was Claritev's revenue in the first quarter 2025?
Claritev (CTEV) reported revenue of $231M for the first quarter 2025 (Q1 2025), -1% from a year earlier and -0.4% from the quarter before.
Was Claritev profitable in the first quarter 2025?
Operating profit was $9.7M (4.2% of revenue) and net loss $71.3M.
Source: Claritev 10-Q on SEC EDGAR.