Filing Flows › Gaia (GAIA) › Q1 2025
Gaia (GAIA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Gaia (GAIA) reported revenue of $23.8M for the first quarter 2025 (Q1 2025), +12% from a year earlier and -1% from the quarter before. Operating margin was -4.3%, net loss $1.2M (5.1% of revenue).
Gaia, Q1 2025: revenue $23.8M (+12% year over year), operating margin -4.3%, net loss $1.2M, operating cash flow $1.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.8M | -1% | +12% |
| Operating profit | −$1.0M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | $1.3M | -51% | -78% |
| Free cash flow | $696K | — | — |
What changed
Revenue was $23.8M in Q1 2025, up 12% year over year and down 1% from the previous quarter.
Gross margin was 87.7%, up 2.4 points from a year earlier. Operating costs exceeded revenue by $1.0M, an operating margin of -4.3%. Operating expenses grew 15% against revenue growth of 12%. The fastest-growing cost line was General & admin (+16%). The quarter ended with a net loss of $1.2M, wider than the previous quarter's $764K loss.
Operating cash flow was $1.3M (down 78% year over year). Non-cash charges added back $2.1M of depreciation and amortization and $323K of share-based compensation. After net cash used in investing activities, net ($602K), free cash flow as the company reports it was $696K.
Questions
What was Gaia's revenue in the first quarter 2025?
Gaia (GAIA) reported revenue of $23.8M for the first quarter 2025 (Q1 2025), +12% from a year earlier and -1% from the quarter before.
Was Gaia profitable in the first quarter 2025?
Operating loss was $1.0M (-4.3% of revenue) and net loss $1.2M.
Source: Gaia 10-Q on SEC EDGAR.