Filing Flows › Eastman Kodak (KODK) › Q1 2025
Eastman Kodak (KODK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Eastman Kodak (KODK) reported revenue of $247M for the first quarter 2025 (Q1 2025), -0.8% from a year earlier and -7% from the quarter before. Operating margin was -5.3%, net loss $7.0M (2.8% of revenue).
Eastman Kodak, Q1 2025: revenue $247M (-0.8% year over year), operating margin -5.3%, net loss $7.0M, operating cash flow −$38.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $247M | -7% | -0.8% |
| Operating profit | −$13.0M | — | — |
| Net earnings | −$7.0M | — | — |
| Operating cash flow | −$38.0M | — | — |
What changed
Revenue was $247.0M in Q1 2025, down 1% year over year and down 7% from the previous quarter. Print was the largest line at 67% of revenue. Print lost $17.0M year over year (down 9%), 850% of the total change.
Gross margin was 18.6%, down 1.1 points from a year earlier. Operating costs exceeded revenue by $13.0M, an operating margin of -5.3%. Operating expenses grew 40% against a revenue fall of 1%. The quarter ended with a net loss of $7.0M, after a profit of $26.0M the previous quarter. Non-operating items added $8.0M, -160% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$38.0M. Non-cash charges added back $7.0M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $40.0M. Capital expenditures of $12.0M exceeded it, leaving free cash flow of −$50.0M.
Questions
What was Eastman Kodak's revenue in the first quarter 2025?
Eastman Kodak (KODK) reported revenue of $247M for the first quarter 2025 (Q1 2025), -0.8% from a year earlier and -7% from the quarter before.
Was Eastman Kodak profitable in the first quarter 2025?
Operating loss was $13.0M (-5.3% of revenue) and net loss $7.0M.
Source: Eastman Kodak 10-Q on SEC EDGAR.