Filing Flows › Cycurion (CYCU) › Q1 2025
Cycurion (CYCU) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jun 6, 2025
Cycurion (CYCU) reported revenue of $3.9M for the first quarter 2025 (Q1 2025), -9% from a year earlier and -5% from the quarter before. Operating margin was -260.9%, net loss $10.2M (264.8% of revenue).
Cycurion, Q1 2025: revenue $3.9M (-9% year over year), operating margin -260.9%, net loss $10.2M, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | -5% | -9% |
| Operating profit | −$10.1M | -379% | — |
| Net earnings | −$10.2M | -639% | — |
| Operating cash flow | −$2.7M | — | — |
What changed
Revenue was $3.9M in Q1 2025, down 9% year over year and down 5% from the previous quarter. Advisory Consulting was the largest line at 99% of revenue. Advisory Consulting lost $385K year over year (down 9%), 103% of the total change.
Gross margin was 17.5%, up 9.3 points from a year earlier. Operating costs exceeded revenue by $10.1M, an operating margin of -260.9%. Operating expenses grew 2743% against a revenue fall of 9%. The quarter ended with a net loss of $10.2M, after a profit of $1.9M the previous quarter.
Operating cash flow was −$2.7M. Non-cash charges added back $2K of depreciation and $9.2M of share-based compensation. Working capital and other items used $1.7M. Capital expenditures of $70K exceeded it, leaving free cash flow of −$2.8M.
Questions
What was Cycurion's revenue in the first quarter 2025?
Cycurion (CYCU) reported revenue of $3.9M for the first quarter 2025 (Q1 2025), -9% from a year earlier and -5% from the quarter before.
Was Cycurion profitable in the first quarter 2025?
Operating loss was $10.1M (-260.9% of revenue) and net loss $10.2M.
Source: Cycurion 10-Q on SEC EDGAR.