Filing Flows › Liquidmetal Technologies (LQMT) › Q1 2025
Liquidmetal Technologies (LQMT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Liquidmetal Technologies (LQMT) reported revenue of $282K for the first quarter 2025 (Q1 2025), +63% from a year earlier and +119% from the quarter before. Operating margin was -319.5%, net loss $568K (201.4% of revenue).
Liquidmetal Technologies, Q1 2025: revenue $282K (+63% year over year), operating margin -319.5%, net loss $568K, operating cash flow −$299K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $282K | +119% | +63% |
| Operating profit | −$901K | — | — |
| Net earnings | −$568K | — | — |
| Operating cash flow | −$299K | — | — |
What changed
Revenue was $282K in Q1 2025, up 63% year over year and up 119% from the previous quarter.
Gross margin was 27.7%, up 5.1 points from a year earlier. Operating costs exceeded revenue by $901K, an operating margin of -319.5%. Operating expenses grew 28% against revenue growth of 63%. The fastest-growing cost line was SG&A (+28%). The quarter ended with a net loss of $568K, wider than the previous quarter's $496K loss. Non-operating items added $333K, -59% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$299K. Non-cash charges added back $81K of depreciation and amortization and $54K of share-based compensation. Working capital and other items added $134K.
Questions
What was Liquidmetal Technologies' revenue in the first quarter 2025?
Liquidmetal Technologies (LQMT) reported revenue of $282K for the first quarter 2025 (Q1 2025), +63% from a year earlier and +119% from the quarter before.
Was Liquidmetal Technologies profitable in the first quarter 2025?
Operating loss was $901K (-319.5% of revenue) and net loss $568K.