Filing Flows › Fathom Holdings (FTHM) › Q1 2025
Fathom Holdings (FTHM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Fathom Holdings (FTHM) reported revenue of $93.1M for the first quarter 2025 (Q1 2025), +32% from a year earlier and +2% from the quarter before. Operating margin was -4.8%, net loss $5.6M (6.1% of revenue).
Fathom Holdings, Q1 2025: revenue $93.1M (+32% year over year), operating margin -4.8%, net loss $5.6M, operating cash flow −$5.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93.1M | +2% | +32% |
| Operating profit | −$4.4M | — | — |
| Net earnings | −$5.6M | — | — |
| Operating cash flow | −$5.7M | — | — |
What changed
Revenue was $93.1M in Q1 2025, up 32% year over year and up 2% from the previous quarter.
Operating costs exceeded revenue by $4.4M, an operating margin of -4.8%. Total costs grew 28% against revenue growth of 32%. The fastest-growing cost line was Other operating costs (+32%). The quarter ended with a net loss of $5.6M, narrower than the previous quarter's $6.2M loss.
Operating cash flow was −$5.7M. Non-cash charges added back $1.4M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $3.0M. Capital expenditures of $25K exceeded it, leaving free cash flow of −$5.8M.
Questions
What was Fathom Holdings' revenue in the first quarter 2025?
Fathom Holdings (FTHM) reported revenue of $93.1M for the first quarter 2025 (Q1 2025), +32% from a year earlier and +2% from the quarter before.
Was Fathom Holdings profitable in the first quarter 2025?
Operating loss was $4.4M (-4.8% of revenue) and net loss $5.6M.
Source: Fathom Holdings 10-Q on SEC EDGAR.