Filing Flows › Joint (JYNT) › Q1 2025
Joint (JYNT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Joint (JYNT) reported revenue of $13.1M for the first quarter 2025 (Q1 2025), -56% from a year earlier and -11% from the quarter before. Operating margin was -5.2%, net earnings $968K (7.4% of revenue).
Joint, Q1 2025: revenue $13.1M (-56% year over year), operating margin -5.2%, net earnings $968K, operating cash flow −$3.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.1M | -11% | -56% |
| Operating profit | −$679K | — | — |
| Net earnings | $968K | — | — |
| Operating cash flow | −$3.7M | — | — |
What changed
Revenue was $13.1M in Q1 2025, down 56% year over year and down 11% from the previous quarter. Royalty fees was the largest line at 62% of revenue.
Operating costs exceeded revenue by $679K, an operating margin of -5.2%. Total costs fell 54% while revenue fell 56%. Net earnings were $1.0M, up 2% year over year. The effective tax rate was 1.4%. Non-operating items added $1.7M, 169% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$3.7M. Non-cash charges added back $388K of depreciation and amortization and $294K of share-based compensation. Working capital and other items used $5.4M. Capital expenditures of $332K exceeded it, leaving free cash flow of −$4.0M.
Questions
What was Joint's revenue in the first quarter 2025?
Joint (JYNT) reported revenue of $13.1M for the first quarter 2025 (Q1 2025), -56% from a year earlier and -11% from the quarter before.
Was Joint profitable in the first quarter 2025?
Operating loss was $679K (-5.2% of revenue) and net earnings $968K.
Source: Joint 10-Q on SEC EDGAR.