Filing Flows › Digital Brands Group (DBGI) › Q1 2025
Digital Brands Group (DBGI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Digital Brands Group (DBGI) reported revenue of $1.9M for the first quarter 2025 (Q1 2025), -48% from a year earlier and -13% from the quarter before. Operating margin was -106.7%, net loss $2.1M (111.7% of revenue).
Digital Brands Group, Q1 2025: revenue $1.9M (-48% year over year), operating margin -106.7%, net loss $2.1M, operating cash flow −$4.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | -13% | -48% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | −$4.5M | — | — |
What changed
Revenue was $1.9M in Q1 2025, down 48% year over year and down 13% from the previous quarter.
Gross margin was 46.6%, down 1.5 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -106.7%. Operating expenses grew 47% against a revenue fall of 48%. The fastest-growing cost line was SG&A (+103%). The quarter ended with a net loss of $2.1M, narrower than the previous quarter's $5.4M loss.
Operating cash flow was −$4.5M. Non-cash charges added back $418K of depreciation and amortization. Working capital and other items used $2.8M.
Questions
What was Digital Brands Group's revenue in the first quarter 2025?
Digital Brands Group (DBGI) reported revenue of $1.9M for the first quarter 2025 (Q1 2025), -48% from a year earlier and -13% from the quarter before.
Was Digital Brands Group profitable in the first quarter 2025?
Operating loss was $2.0M (-106.7% of revenue) and net loss $2.1M.