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Dominari Holdings (DOMH) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 11, 2025

Dominari Holdings (DOMH) reported revenue of $34.1M for the second quarter 2025 (Q2 2025), +452% from a year earlier and +320% from the quarter before. Operating margin was -57.0%, net earnings $17.7M (51.8% of revenue).

Revenue$34.1M
Year over year+452%
Quarter over quarter+320%
Operating margin-57.0%
Net earnings$17.7M

Dominari Holdings, Q2 2025: revenue $34.1M (+452% year over year), operating margin -57.0%, net earnings $17.7M, operating cash flow −$353K. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$34.1M+320%+452%
Operating profit−$19.4M——
Net earnings$17.7M——
Operating cash flow−$353K-129%—

What changed

Revenue was $34.1M in Q2 2025, up 452% year over year and up 320% from the previous quarter.

Operating costs exceeded revenue by $19.4M, an operating margin of -57.0%. Total costs grew 501% against revenue growth of 452%. Net earnings were $16.6M. The effective tax rate was 0.0%. Non-operating items added $37.1M, 210% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$353K. Non-cash charges added back $26K of depreciation and $26.2M of share-based compensation. Working capital and other items used $44.2M.

Questions

What was Dominari Holdings' revenue in the second quarter 2025?

Dominari Holdings (DOMH) reported revenue of $34.1M for the second quarter 2025 (Q2 2025), +452% from a year earlier and +320% from the quarter before.

Was Dominari Holdings profitable in the second quarter 2025?

Operating loss was $19.4M (-57.0% of revenue) and net earnings $17.7M.

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Source: Dominari Holdings 10-Q on SEC EDGAR.