Filing Flows › Marvion (MVNC) › Q2 2025
Marvion (MVNC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Marvion (MVNC) reported revenue of $890K for the second quarter 2025 (Q2 2025), +147% from a year earlier and +39% from the quarter before. Operating margin was 2.6%, net earnings $108K (12.1% of revenue).
Marvion, Q2 2025: revenue $890K (+147% year over year), operating margin 2.6%, net earnings $108K, operating cash flow −$53K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $890K | +39% | +147% |
| Gross profit | $306K | -5% | +68% |
| Operating profit | $23K | -63% | -75% |
| Net earnings | $108K | 15× | +46% |
| Operating cash flow | −$53K | -130% | — |
What changed
Revenue was $890K in Q2 2025, up 147% year over year and up 39% from the previous quarter.
Gross margin was 34.4%, down 16.1 points from a year earlier. Operating profit was $23K, a 2.6% margin (down 23.3 points year over year). Operating profit fell $70K even though revenue rose $530K versus a year earlier, so costs grew faster than sales. Operating expenses grew 220% against revenue growth of 147%. Net earnings were $108K, up 46% year over year. The effective tax rate was 7.5%. Non-operating items added $93K, 80% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$53K. Non-cash charges added back $58K of depreciation. Working capital and other items used $219K. Capital expenditures of $667K exceeded it, leaving free cash flow of −$721K.
Questions
What was Marvion's revenue in the second quarter 2025?
Marvion (MVNC) reported revenue of $890K for the second quarter 2025 (Q2 2025), +147% from a year earlier and +39% from the quarter before.
Was Marvion profitable in the second quarter 2025?
Operating profit was $23K (2.6% of revenue) and net earnings $108K.
Source: Marvion 10-Q on SEC EDGAR.