Filing Flows › Kodiak AI (KDK) › Q1 2025
Kodiak AI (KDK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Kodiak AI (KDK) reported revenue of $1.5M for the first quarter 2025 (Q1 2025) and -89% from the quarter before. Operating margin was -183.9%, net earnings $3.0M (203.5% of revenue).
Kodiak AI, Q1 2025: revenue $1.5M, operating margin -183.9%, net earnings $3.0M, operating cash flow −$318K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5M | -89% | — |
| Operating profit | −$2.7M | — | — |
| Net earnings | $3.0M | — | — |
| Operating cash flow | −$318K | — | — |
What changed
Revenue was $1.5M in Q1 2025, down 89% from the previous quarter.
Operating costs exceeded revenue by $2.7M, an operating margin of -183.9%. Net earnings were $3.0M. The effective tax rate was 0.0%. Non-operating items added $5.7M, 190% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$318K. Non-cash charges added back $532K of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $5.7M. Capital expenditures of $2.3M exceeded it, leaving free cash flow of −$2.6M.
Questions
What was Kodiak AI's revenue in the first quarter 2025?
Kodiak AI (KDK) reported revenue of $1.5M for the first quarter 2025 (Q1 2025) and -89% from the quarter before.
Was Kodiak AI profitable in the first quarter 2025?
Operating loss was $2.7M (-183.9% of revenue) and net earnings $3.0M.
Source: Kodiak AI 10-Q on SEC EDGAR.