Filing Flows › Claritev (CTEV) › Q2 2025
Claritev (CTEV) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Claritev (CTEV) reported revenue of $242M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +4% from the quarter before. Operating margin was 6.9%, net loss $62.6M (25.9% of revenue).
Claritev, Q2 2025: revenue $242M (+4% year over year), operating margin 6.9%, net loss $62.6M, operating cash flow $61.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $242M | +4% | +3% |
| Operating profit | $16.6M | +70% | — |
| Net earnings | −$62.6M | — | — |
| Operating cash flow | $61.2M | — | +232% |
| Free cash flow | $36.6M | — | — |
What changed
Revenue was $241.6M in Q2 2025, up 3% year over year and up 4% from the previous quarter. Analytics-Based Services was the largest line at 65% of revenue. Network-Based Services added $8.4M year over year (up 18%), 104% of the total change. Analytics-Based Services declined 2%.
Operating profit was $16.6M, a 6.9% margin (up 231.3 points year over year). Total costs fell 70% while revenue rose 3%. The fastest-growing cost line was General & admin (+48%). The quarter ended with a net loss of $62.6M, narrower than the previous quarter's $71.3M loss. Net interest and other expense of $99.5M was the main reason.
Operating cash flow was $61.2M (up 232% year over year). Non-cash charges added back $111.2M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items added $5.9M. After purchases of property and equipment ($24.6M), free cash flow as the company reports it was $36.6M.
Questions
What was Claritev's revenue in the second quarter 2025?
Claritev (CTEV) reported revenue of $242M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +4% from the quarter before.
Was Claritev profitable in the second quarter 2025?
Operating profit was $16.6M (6.9% of revenue) and net loss $62.6M.
Source: Claritev 10-Q on SEC EDGAR.