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Data Storage (DTST) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 15, 2025

Data Storage (DTST) reported revenue of $8.1M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +26% from the quarter before. Operating margin was -1.1%, net earnings $26K (0.3% of revenue).

Revenue$8.1M
Year over year-2%
Quarter over quarter+26%
Operating margin-1.1%
Net earnings$26K

Data Storage, Q1 2025: revenue $8.1M (-2% year over year), operating margin -1.1%, net earnings $26K, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$8.1M+26%-2%
Operating profit−$93K-133%—
Net earnings$26K-91%—
Operating cash flow−$1.1M-193%—

What changed

Revenue was $8.1M in Q1 2025, down 2% year over year and up 26% from the previous quarter.

Gross margin was 35.4%, down 0.6 points from a year earlier. Operating costs exceeded revenue by $93K, an operating margin of -1.1%. Operating expenses grew 7% against a revenue fall of 2%. Net earnings were $24K, down 93% year over year. The effective tax rate was 0.0%. Non-operating items added $119K, 451% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$1.1M. Non-cash charges added back $363K of depreciation and amortization and $226K of share-based compensation. Working capital and other items used $1.7M. Capital expenditures of $68K exceeded it, leaving free cash flow of −$1.2M.

Questions

What was Data Storage's revenue in the first quarter 2025?

Data Storage (DTST) reported revenue of $8.1M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +26% from the quarter before.

Was Data Storage profitable in the first quarter 2025?

Operating loss was $93K (-1.1% of revenue) and net earnings $26K.

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Source: Data Storage 10-Q on SEC EDGAR.