Filing Flows › Kosmos Energy (KOS) › Q1 2025
Kosmos Energy (KOS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Kosmos Energy (KOS) reported revenue of $290M for the first quarter 2025 (Q1 2025), -31% from a year earlier and -27% from the quarter before. Operating margin was -32.5%, net loss $111M (38.1% of revenue).
Kosmos Energy, Q1 2025: revenue $290M (-31% year over year), operating margin -32.5%, net loss $111M, operating cash flow −$888K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $290M | -27% | -31% |
| Operating profit | −$94.3M | — | — |
| Net earnings | −$111M | — | — |
| Operating cash flow | −$888K | — | — |
What changed
Revenue was $290.1M in Q1 2025, down 31% year over year and down 27% from the previous quarter.
Operating costs exceeded revenue by $94.3M, an operating margin of -32.5%. Total costs grew 39% against a revenue fall of 31%. The fastest-growing cost line was Other operating costs (+44%). The quarter ended with a net loss of $110.6M, wider than the previous quarter's $6.6M loss.
Operating cash flow was −$888K. Non-cash charges added back $122.6M of depreciation and amortization and $8.4M of share-based compensation. Working capital and other items used $21.2M. Capital expenditures of $6.9M exceeded it, leaving free cash flow of −$7.8M.
Questions
What was Kosmos Energy's revenue in the first quarter 2025?
Kosmos Energy (KOS) reported revenue of $290M for the first quarter 2025 (Q1 2025), -31% from a year earlier and -27% from the quarter before.
Was Kosmos Energy profitable in the first quarter 2025?
Operating loss was $94.3M (-32.5% of revenue) and net loss $111M.
Source: Kosmos Energy 10-Q on SEC EDGAR.