Filing Flows › MultiSensor AI Holdings (MSAI) › Q1 2025
MultiSensor AI Holdings (MSAI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
MultiSensor AI Holdings (MSAI) reported revenue of $1.2M for the first quarter 2025 (Q1 2025), -49% from a year earlier and -16% from the quarter before. Operating margin was -394.6%, net loss $4.4M (379.1% of revenue).
MultiSensor AI Holdings, Q1 2025: revenue $1.2M (-49% year over year), operating margin -394.6%, net loss $4.4M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | -16% | -49% |
| Operating profit | −$4.6M | — | — |
| Net earnings | −$4.4M | — | — |
| Operating cash flow | −$3.2M | — | — |
What changed
Revenue was $1.2M in Q1 2025, down 49% year over year and down 16% from the previous quarter. Hardware was the largest line at 64% of revenue. Hardware lost $1.3M year over year (down 63%), 115% of the total change.
Operating costs exceeded revenue by $4.6M, an operating margin of -394.6%. Total costs grew 20% against a revenue fall of 49%. The fastest-growing cost line was Other operating costs (+131%). The quarter ended with a net loss of $4.4M, wider than the previous quarter's $3.0M loss.
Operating cash flow was −$3.2M. Non-cash charges added back $280K of depreciation and $907K of share-based compensation. Capital expenditures of $435K exceeded it, leaving free cash flow of −$3.6M.
Questions
What was MultiSensor AI Holdings' revenue in the first quarter 2025?
MultiSensor AI Holdings (MSAI) reported revenue of $1.2M for the first quarter 2025 (Q1 2025), -49% from a year earlier and -16% from the quarter before.
Was MultiSensor AI Holdings profitable in the first quarter 2025?
Operating loss was $4.6M (-394.6% of revenue) and net loss $4.4M.