Filing Flows › Nuvve Holding (NVVE) › Q1 2025
Nuvve Holding (NVVE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Nuvve Holding (NVVE) reported revenue of $934K for the first quarter 2025 (Q1 2025), +20% from a year earlier and -48% from the quarter before. Operating margin was -597.9%, net loss $6.9M (736.2% of revenue).
Nuvve Holding, Q1 2025: revenue $934K (+20% year over year), operating margin -597.9%, net loss $6.9M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $934K | -48% | +20% |
| Operating profit | −$5.6M | — | — |
| Net earnings | −$6.9M | — | — |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $934K in Q1 2025, up 20% year over year and down 48% from the previous quarter. Products was the largest line at 61% of revenue. Products added $89K year over year (up 19%), 58% of the total change.
Operating costs exceeded revenue by $5.6M, an operating margin of -597.9%. Total costs fell 19% while revenue rose 20%. The fastest-growing cost line was Other operating costs (+10%). The quarter ended with a net loss of $6.9M, wider than the previous quarter's $5.1M loss. Minority interests bore $6K of it: to shareholders the quarter was a loss of $6.9M.
Operating cash flow was −$1.8M. Non-cash charges added back $73K of depreciation and amortization and $555K of share-based compensation. Working capital and other items added $4.4M. Capital expenditures of $12K exceeded it, leaving free cash flow of −$1.8M.
Questions
What was Nuvve Holding's revenue in the first quarter 2025?
Nuvve Holding (NVVE) reported revenue of $934K for the first quarter 2025 (Q1 2025), +20% from a year earlier and -48% from the quarter before.
Was Nuvve Holding profitable in the first quarter 2025?
Operating loss was $5.6M (-597.9% of revenue) and net loss $6.9M.
Source: Nuvve Holding 10-Q on SEC EDGAR.