Filing Flows › Comstock (LODE) › Q2 2025
Comstock (LODE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Comstock (LODE) reported revenue of $340K for the second quarter 2025 (Q2 2025), -22% from a year earlier and -57% from the quarter before.
Comstock, Q2 2025: revenue $340K (-22% year over year), net loss $7.8M, operating cash flow −$4.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $340K | -57% | -22% |
| Operating profit | −$7.7M | — | — |
| Net earnings | −$7.8M | — | — |
| Operating cash flow | −$4.8M | — | — |
What changed
Revenue was $340K in Q2 2025, down 22% year over year and down 57% from the previous quarter. Decommissioning Services was the largest line at 87% of revenue. Mining and Real Estate lost $391K year over year (down 91%), 410% of the total change.
Operating costs exceeded revenue by $7.7M, an operating margin of -2258.0%. Total costs grew 33% against a revenue fall of 22%. The fastest-growing cost line was General & admin (+68%). The quarter ended with a net loss of $7.8M, narrower than the previous quarter's $9.1M loss.
Operating cash flow was −$4.8M. Non-cash charges added back $637K of depreciation and amortization. Working capital and other items added $2.4M. Capital expenditures of $469K exceeded it, leaving free cash flow of −$5.3M.
Questions
What was Comstock's revenue in the second quarter 2025?
Comstock (LODE) reported revenue of $340K for the second quarter 2025 (Q2 2025), -22% from a year earlier and -57% from the quarter before.
Source: Comstock 10-Q on SEC EDGAR.