Filing Flows › DSS (DSS) › Q2 2025
DSS (DSS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
DSS (DSS) reported revenue of $5.3M for the second quarter 2025 (Q2 2025), +26% from a year earlier and +7% from the quarter before. Operating margin was -64.8%, net loss $2.6M (49.3% of revenue).
DSS, Q2 2025: revenue $5.3M (+26% year over year), operating margin -64.8%, net loss $2.6M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.3M | +7% | +26% |
| Operating profit | −$3.4M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | $2.1M | — | — |
| Free cash flow | $2.0M | — | — |
What changed
Revenue was $5.3M in Q2 2025, up 26% year over year and up 7% from the previous quarter. Printed Products was the largest line at 81% of revenue. Printed Products added $745K year over year (up 21%), 69% of the total change. Net Investment Income declined 78%.
Operating costs exceeded revenue by $3.4M, an operating margin of -64.8%. Total costs fell 5% while revenue rose 26%. The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $5.3M loss. Minority interests bore $455K of it: to shareholders the quarter was a loss of $2.2M. Non-operating items added $818K, -31% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.1M. Non-cash charges added back $535K of depreciation and amortization. Working capital and other items added $4.1M. Capital expenditures of $92K left free cash flow of $2.0M.
Questions
What was DSS' revenue in the second quarter 2025?
DSS (DSS) reported revenue of $5.3M for the second quarter 2025 (Q2 2025), +26% from a year earlier and +7% from the quarter before.
Was DSS profitable in the second quarter 2025?
Operating loss was $3.4M (-64.8% of revenue) and net loss $2.6M.
Source: DSS 10-Q on SEC EDGAR.