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Mntn (MNTN) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 11, 2025

Mntn (MNTN) reported revenue of $68.5M for the second quarter 2025 (Q2 2025), +25% from a year earlier and +6% from the quarter before. Operating margin was 5.4%, net loss $26.2M (38.3% of revenue).

Revenue$68.5M
Year over year+25%
Quarter over quarter+6%
Operating margin5.4%
Net earnings−$26.2M

Mntn, Q2 2025: revenue $68.5M (+25% year over year), operating margin 5.4%, net loss $26.2M, operating cash flow $15.6M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$68.5M+6%+25%
Operating profit$3.7M——
Net earnings−$26.2M——
Operating cash flow$15.6M+693%—

What changed

Revenue was $68.5M in Q2 2025, up 25% year over year and up 6% from the previous quarter.

Gross margin was 76.8%, up 7.2 points from a year earlier. Operating profit was $3.7M, a 5.4% margin (up 9.6 points year over year). Operating expenses grew 21% against revenue growth of 25%. The fastest-growing cost line was Research & development (+38%). The quarter ended with a net loss of $26.2M, wider than the previous quarter's $21.1M loss. Net interest and other expense of $28.0M was the main reason.

Operating cash flow was $15.6M. Non-cash charges added back $7.6M of share-based compensation. Working capital and other items added $34.2M.

Questions

What was Mntn's revenue in the second quarter 2025?

Mntn (MNTN) reported revenue of $68.5M for the second quarter 2025 (Q2 2025), +25% from a year earlier and +6% from the quarter before.

Was Mntn profitable in the second quarter 2025?

Operating profit was $3.7M (5.4% of revenue) and net loss $26.2M.

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Source: Mntn 10-Q on SEC EDGAR.