Filing Flows › GCT Semiconductor Holding (GCTS) › Q2 2025
GCT Semiconductor Holding (GCTS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
GCT Semiconductor Holding (GCTS) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), -19% from a year earlier and +138% from the quarter before. Operating margin was -642.3%.
GCT Semiconductor Holding, Q2 2025: revenue $1.2M (-20% year over year), operating margin -642.3%, net loss $13.5M, operating cash flow −$8.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | +138% | -19% |
| Operating profit | −$7.6M | — | — |
| Net earnings | −$13.5M | — | — |
| Operating cash flow | −$8.6M | — | — |
What changed
Revenue was $1.2M in Q2 2025, down 19% year over year and up 138% from the previous quarter. Service was the largest line at 65% of revenue. Service lost $676K year over year (down 47%), 236% of the total change.
Gross margin was 32.0%, down 30.8 points from a year earlier. Operating costs exceeded revenue by $7.6M, an operating margin of -642.3%. Operating expenses fell 0% while revenue fell 19%. The fastest-growing cost line was General & admin (+20%). The quarter ended with a net loss of $13.5M, wider than the previous quarter's $7.0M loss.
Operating cash flow was −$8.6M. Non-cash charges added back $161K of depreciation and amortization and $512K of share-based compensation. Working capital and other items added $4.2M. Capital expenditures of $91K exceeded it, leaving free cash flow of −$8.7M.
Questions
What was GCT Semiconductor Holding's revenue in the second quarter 2025?
GCT Semiconductor Holding (GCTS) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), -19% from a year earlier and +138% from the quarter before.
Was GCT Semiconductor Holding profitable in the second quarter 2025?
Operating loss was $7.6M (-642.3% of revenue) and net loss $13.5M.