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Corvex (MOVE) Q1 2025 earnings results (first quarter 2025)

10-Q filed Sep 24, 2025

Corvex (MOVE) reported revenue of $206K for the first quarter 2025 (Q1 2025), -76% from a year earlier and +86% from the quarter before.

Revenue$206K
Year over year-76%
Quarter over quarter+86%
Operating margin—
Net earnings−$5.2M

Corvex, Q1 2025: revenue $206K (-76% year over year), net loss $5.2M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$206K+86%-76%
Operating profit−$5.2M——
Net earnings−$5.2M——
Operating cash flow−$4.3M——

What changed

Revenue was $206K in Q1 2025, down 76% year over year and up 86% from the previous quarter.

Operating costs exceeded revenue by $5.2M, an operating margin of -2542.7%. Total costs fell 18% while revenue fell 76%. The quarter ended with a net loss of $5.2M, wider than the previous quarter's $4.6M loss.

Operating cash flow was −$4.3M. Non-cash charges added back $38K of depreciation and amortization and $299K of share-based compensation. Working capital and other items added $538K.

Questions

What was Corvex's revenue in the first quarter 2025?

Corvex (MOVE) reported revenue of $206K for the first quarter 2025 (Q1 2025), -76% from a year earlier and +86% from the quarter before.

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Source: Corvex 10-Q on SEC EDGAR.