Filing Flows › Intest (INTT) › Q2 2025
Intest (INTT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Intest (INTT) reported revenue of $28.1M for the second quarter 2025 (Q2 2025), -17% from a year earlier and +6% from the quarter before. Operating margin was -3.3%, net loss $503K (1.8% of revenue).
Intest, Q2 2025: revenue $28.1M (-17% year over year), operating margin -3.3%, net loss $503K, operating cash flow −$688K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.1M | +6% | -17% |
| Operating profit | −$927K | — | — |
| Net earnings | −$503K | — | — |
| Operating cash flow | −$688K | -112% | — |
What changed
Revenue was $28.1M in Q2 2025, down 17% year over year and up 6% from the previous quarter. Semiconductor test was the largest line at 21% of revenue. Alfamation lost $5.1M year over year (down 52%), 87% of the total change.
Gross margin was 42.6%, up 2.0 points from a year earlier. Operating costs exceeded revenue by $927K, an operating margin of -3.3%. Operating expenses fell 4% while revenue fell 17%. The fastest-growing cost line was Other operating costs (+19%). The quarter ended with a net loss of $503K, narrower than the previous quarter's $2.3M loss. Non-operating items added $344K, -59% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$688K. Non-cash charges added back $1.6M of depreciation and amortization and $435K of share-based compensation. Working capital and other items used $2.2M. Capital expenditures of $462K exceeded it, leaving free cash flow of −$1.1M.
Questions
What was Intest's revenue in the second quarter 2025?
Intest (INTT) reported revenue of $28.1M for the second quarter 2025 (Q2 2025), -17% from a year earlier and +6% from the quarter before.
Was Intest profitable in the second quarter 2025?
Operating loss was $927K (-3.3% of revenue) and net loss $503K.
Source: Intest 10-Q on SEC EDGAR.