Filing Flows › Neonode (NEON) › Q2 2025
Neonode (NEON) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Neonode (NEON) reported revenue of $599K for the second quarter 2025 (Q2 2025), -25% from a year earlier and +17% from the quarter before. Operating margin was -352.3%, net loss $1.9M (311.9% of revenue).
Neonode, Q2 2025: revenue $599K (-25% year over year), operating margin -352.3%, net loss $1.9M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $599K | +17% | -25% |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $599K in Q2 2025, down 25% year over year and up 17% from the previous quarter. License Fees was the largest line at 67% of revenue. License Fees lost $210K year over year (down 34%), 104% of the total change.
Gross margin was 99.0%, up 2.0 points from a year earlier. Operating costs exceeded revenue by $2.1M, an operating margin of -352.3%. Operating expenses grew 5% against a revenue fall of 25%. The fastest-growing cost line was Research & development (+10%). The quarter ended with a net loss of $1.9M, wider than the previous quarter's $1.7M loss.
Operating cash flow was −$1.8M. Non-cash charges added back $14K of depreciation and amortization. Working capital and other items added $104K. Capital expenditures of −$25K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was Neonode's revenue in the second quarter 2025?
Neonode (NEON) reported revenue of $599K for the second quarter 2025 (Q2 2025), -25% from a year earlier and +17% from the quarter before.
Was Neonode profitable in the second quarter 2025?
Operating loss was $2.1M (-352.3% of revenue) and net loss $1.9M.
Source: Neonode 10-Q on SEC EDGAR.