Filing Flows › Dirtt Environmental Solutions (DRTTF) › Q2 2025
Dirtt Environmental Solutions (DRTTF) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Dirtt Environmental Solutions (DRTTF) reported revenue of $38.9M for the second quarter 2025 (Q2 2025), -6% from a year earlier and -6% from the quarter before. Operating margin was -11.1%, net loss $6.6M (17.0% of revenue).
Dirtt Environmental Solutions, Q2 2025: revenue $38.9M (-6% year over year), operating margin -11.1%, net loss $6.6M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38.9M | -6% | -6% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$6.6M | — | — |
| Operating cash flow | −$3.9M | -206% | — |
What changed
Revenue was $38.9M in Q2 2025, down 6% year over year and down 6% from the previous quarter. Commercial was the largest line at 53% of revenue. Commercial lost $7.2M year over year (down 26%), 316% of the total change.
Gross margin was 27.8%, down 9.5 points from a year earlier. Operating costs exceeded revenue by $4.3M, an operating margin of -11.1%. Operating expenses grew 6% against a revenue fall of 6%. The fastest-growing cost line was General & admin (+31%). The quarter ended with a net loss of $6.6M, wider than the previous quarter's $661K loss.
Operating cash flow was −$3.9M. Non-cash charges added back $1.5M of depreciation and amortization and $594K of share-based compensation. Working capital and other items added $539K. Capital expenditures of $503K exceeded it, leaving free cash flow of −$4.4M.
Questions
What was Dirtt Environmental Solutions' revenue in the second quarter 2025?
Dirtt Environmental Solutions (DRTTF) reported revenue of $38.9M for the second quarter 2025 (Q2 2025), -6% from a year earlier and -6% from the quarter before.
Was Dirtt Environmental Solutions profitable in the second quarter 2025?
Operating loss was $4.3M (-11.1% of revenue) and net loss $6.6M.