Filing Flows › CXApp (CXAI) › Q1 2025
CXApp (CXAI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 20, 2025
CXApp (CXAI) reported revenue of $1.2M for the first quarter 2025 (Q1 2025), -33% from a year earlier and -26% from the quarter before. Operating margin was -306.0%, net loss $1.6M (132.0% of revenue).
CXApp, Q1 2025: revenue $1.2M (-33% year over year), operating margin -306.0%, net loss $1.6M, operating cash flow −$979K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | -26% | -33% |
| Operating profit | −$3.7M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$979K | — | — |
What changed
Revenue was $1.2M in Q1 2025, down 33% year over year and down 26% from the previous quarter. Licenses was the largest line at 99% of revenue. Licenses lost $377K year over year (down 24%), 63% of the total change.
Gross margin was 87.7%, up 5.7 points from a year earlier. Operating costs exceeded revenue by $3.7M, an operating margin of -306.0%. Operating expenses fell 5% while revenue fell 33%. The fastest-growing cost line was General & admin (+23%). The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $3.3M loss. Non-operating items added $2.1M, -132% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.0M. Non-cash charges added back $12K of depreciation and amortization and $624K of share-based compensation. Capital expenditures of $5K exceeded it, leaving free cash flow of −$1.0M.
Questions
What was CXApp's revenue in the first quarter 2025?
CXApp (CXAI) reported revenue of $1.2M for the first quarter 2025 (Q1 2025), -33% from a year earlier and -26% from the quarter before.
Was CXApp profitable in the first quarter 2025?
Operating loss was $3.7M (-306.0% of revenue) and net loss $1.6M.
Source: CXApp 10-Q on SEC EDGAR.