Filing Flows › Nuvve Holding (NVVE) › Q2 2025
Nuvve Holding (NVVE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Nuvve Holding (NVVE) reported revenue of $333K for the second quarter 2025 (Q2 2025), -58% from a year earlier and -64% from the quarter before.
Nuvve Holding, Q2 2025: revenue $333K (-58% year over year), net loss $13.6M, operating cash flow −$5.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $333K | -64% | -58% |
| Operating profit | −$14.8M | — | — |
| Net earnings | −$13.6M | — | — |
| Operating cash flow | −$5.5M | — | — |
What changed
Revenue was $333K in Q2 2025, down 58% year over year and down 64% from the previous quarter. Engineering Services was the largest line at 46% of revenue. Products lost $227K year over year (down 62%), 48% of the total change.
Operating costs exceeded revenue by $14.8M, an operating margin of -4443.8%. Total costs grew 130% against a revenue fall of 58%. The fastest-growing cost line was SG&A (+210%). The quarter ended with a net loss of $13.6M, wider than the previous quarter's $6.9M loss. Minority interests bore $190K of it: to shareholders the quarter was a loss of $13.4M.
Operating cash flow was −$5.5M. Non-cash charges added back $88K of depreciation and amortization and $14K of share-based compensation. Working capital and other items added $8.0M. Capital expenditures of $42K exceeded it, leaving free cash flow of −$5.5M.
Questions
What was Nuvve Holding's revenue in the second quarter 2025?
Nuvve Holding (NVVE) reported revenue of $333K for the second quarter 2025 (Q2 2025), -58% from a year earlier and -64% from the quarter before.
Source: Nuvve Holding 10-Q on SEC EDGAR.