Filing Flows › DarkPulse (DPLS) › Q1 2025
DarkPulse (DPLS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 20, 2025
DarkPulse (DPLS) reported revenue of $141K for the first quarter 2025 (Q1 2025), up 13-fold from a year earlier and +99% from the quarter before. Operating margin was -299.3%, net loss $270K (191.7% of revenue).
DarkPulse, Q1 2025: revenue $141K (13× year over year), operating margin -299.3%, net loss $270K, operating cash flow $79K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $141K | +99% | 13× |
| Operating profit | −$422K | — | — |
| Net earnings | −$270K | — | — |
| Operating cash flow | $79K | — | — |
| Free cash flow | $59K | — | — |
What changed
Revenue was $141K in Q1 2025, up 1200% year over year and up 99% from the previous quarter.
Gross margin was 26.3%, down 71.9 points from a year earlier. Operating costs exceeded revenue by $422K, an operating margin of -299.3%. Operating expenses fell 16% while revenue rose 1200%. The quarter ended with a net loss of $270K, narrower than the previous quarter's $354K loss. Minority interests bore $4K of it: to shareholders the quarter was a loss of $267K. Non-operating items added $152K, -56% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $79K. Non-cash charges added back $30K of depreciation and amortization. Working capital and other items added $319K. Capital expenditures of $20K left free cash flow of $59K.
Questions
What was DarkPulse's revenue in the first quarter 2025?
DarkPulse (DPLS) reported revenue of $141K for the first quarter 2025 (Q1 2025), up 13-fold from a year earlier and +99% from the quarter before.
Was DarkPulse profitable in the first quarter 2025?
Operating loss was $422K (-299.3% of revenue) and net loss $270K.
Source: DarkPulse 10-Q on SEC EDGAR.