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Dolphin Entertainment (DLPN) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 14, 2025

Dolphin Entertainment (DLPN) reported revenue of $14.1M for the second quarter 2025 (Q2 2025), +23% from a year earlier and +16% from the quarter before. Operating margin was -0.4%, net loss $1.4M (10.0% of revenue).

Revenue$14.1M
Year over year+23%
Quarter over quarter+16%
Operating margin-0.4%
Net earnings−$1.4M

Dolphin Entertainment, Q2 2025: revenue $14.1M (+23% year over year), operating margin -0.4%, net loss $1.4M, operating cash flow $1.5M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$14.1M+16%+23%
Operating profit−$57K——
Net earnings−$1.4M——
Operating cash flow$1.5M—-18%

What changed

Revenue was $14.1M in Q2 2025, up 23% year over year and up 16% from the previous quarter.

Operating costs exceeded revenue by $57K, an operating margin of -0.4%. Total costs grew 13% against revenue growth of 23%. The fastest-growing cost line was Cost of revenue (+243%). The quarter ended with a net loss of $1.4M, narrower than the previous quarter's $2.3M loss. Net interest and other expense of $1.3M was the main reason.

Operating cash flow was $1.5M (down 18% year over year). Non-cash charges added back $592K of depreciation and amortization. Working capital and other items added $2.3M.

Questions

What was Dolphin Entertainment's revenue in the second quarter 2025?

Dolphin Entertainment (DLPN) reported revenue of $14.1M for the second quarter 2025 (Q2 2025), +23% from a year earlier and +16% from the quarter before.

Was Dolphin Entertainment profitable in the second quarter 2025?

Operating loss was $57K (-0.4% of revenue) and net loss $1.4M.

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Source: Dolphin Entertainment 10-Q on SEC EDGAR.