Filing Flows › Cyngn (CYN) › Q1 2025
Cyngn (CYN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Cyngn (CYN) reported revenue of $47K for the first quarter 2025 (Q1 2025), +755% from a year earlier and -85% from the quarter before.
Cyngn, Q1 2025: revenue $47K (+755% year over year), net loss $7.6M, operating cash flow −$6.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47K | -85% | +755% |
| Operating profit | −$5.2M | — | — |
| Net earnings | −$7.6M | — | — |
| Operating cash flow | −$6.5M | — | — |
What changed
Revenue was $47K in Q1 2025, up 755% year over year and down 85% from the previous quarter. Royalty was the largest line at 53% of revenue. Subscription added $9K year over year (up 335%), 22% of the total change.
Operating costs exceeded revenue by $5.2M, an operating margin of -11060.0%. Total costs fell 12% while revenue rose 755%. The fastest-growing cost line was General & admin (+16%). The quarter ended with a net loss of $7.6M, narrower than the previous quarter's $16.1M loss.
Operating cash flow was −$6.5M. Non-cash charges added back $241K of depreciation and amortization and $536K of share-based compensation. Capital expenditures of $178K exceeded it, leaving free cash flow of −$6.7M.
Questions
What was Cyngn's revenue in the first quarter 2025?
Cyngn (CYN) reported revenue of $47K for the first quarter 2025 (Q1 2025), +755% from a year earlier and -85% from the quarter before.
Source: Cyngn 10-Q on SEC EDGAR.