Filing Flows

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).

Revenue$290M
Year over year-31%
Quarter over quarter-27%
Operating margin-32.5%
Net earnings−$111M

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 2025AmountQ/QY/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.

Open the interactive Sankey →

Source: Kosmos Energy 10-Q on SEC EDGAR.