Filing Flows › Mount Logan Capital (MLCI) › Q2 2025
Mount Logan Capital (MLCI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 25, 2025
Mount Logan Capital (MLCI) reported revenue of $17.1M for the second quarter 2025 (Q2 2025) and +14% from the quarter before. Operating margin was -12.4%, net loss $934K (5.5% of revenue).
Mount Logan Capital, Q2 2025: revenue $17.1M, operating margin -12.4%, net loss $934K, operating cash flow $789K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.1M | +14% | — |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$934K | — | — |
| Operating cash flow | $789K | — | — |
What changed
Revenue was $17.1M in Q2 2025, up 14% from the previous quarter.
Operating costs exceeded revenue by $2.1M, an operating margin of -12.4%. The quarter ended with a net loss of $934K, narrower than the previous quarter's $6.7M loss. Non-operating items added $1.2M, -124% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $789K. Non-cash charges added back $341K of share-based compensation. Working capital and other items added $1.4M.
Questions
What was Mount Logan Capital's revenue in the second quarter 2025?
Mount Logan Capital (MLCI) reported revenue of $17.1M for the second quarter 2025 (Q2 2025) and +14% from the quarter before.
Was Mount Logan Capital profitable in the second quarter 2025?
Operating loss was $2.1M (-12.4% of revenue) and net loss $934K.