Filing Flows › Marchex (MCHX) › Q2 2025
Marchex (MCHX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Marchex (MCHX) reported revenue of $11.7M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +2% from the quarter before. Operating margin was -4.6%, net earnings $85K (0.7% of revenue).
Marchex, Q2 2025: revenue $11.7M (-4% year over year), operating margin -4.6%, net earnings $85K, operating cash flow $803K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.7M | +2% | -3% |
| Operating profit | −$536K | — | — |
| Net earnings | $85K | — | — |
| Operating cash flow | $803K | — | +586% |
What changed
Revenue was $11.7M in Q2 2025, down 3% year over year and up 2% from the previous quarter.
Operating costs exceeded revenue by $536K, an operating margin of -4.6%. Total costs fell 5% while revenue fell 3%. The fastest-growing cost line was Sales & marketing (+15%). Net earnings were $85K. The effective tax rate was 5.6%. Non-operating items added $626K, 696% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $803K (up 586% year over year), 945% of net earnings. Non-cash charges added back $335K of depreciation and amortization and $556K of share-based compensation. Working capital and other items used $173K.
Questions
What was Marchex's revenue in the second quarter 2025?
Marchex (MCHX) reported revenue of $11.7M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +2% from the quarter before.
Was Marchex profitable in the second quarter 2025?
Operating loss was $536K (-4.6% of revenue) and net earnings $85K.
Source: Marchex 10-Q on SEC EDGAR.