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Neighborhood Intelligence (NXH) Q1 2025 earnings results (first quarter 2025)

10-Q filed Apr 29, 2025

Neighborhood Intelligence (NXH) reported revenue of $232M for the first quarter 2025 (Q1 2025), -39% from a year earlier and -24% from the quarter before. Operating margin was -10.0%, net loss $39.9M (17.2% of revenue).

Revenue$232M
Year over year-39%
Quarter over quarter-24%
Operating margin-10.0%
Net earnings−$39.9M

Neighborhood Intelligence, Q1 2025: revenue $232M (-39% year over year), operating margin -10.0%, net loss $39.9M, operating cash flow −$50.9M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$232M-24%-39%
Operating profit−$23.2M——
Net earnings−$39.9M——
Operating cash flow−$50.9M——

What changed

Revenue was $231.7M in Q1 2025, down 39% year over year and down 24% from the previous quarter.

Gross margin was 25.1%, up 5.6 points from a year earlier. Operating costs exceeded revenue by $23.2M, an operating margin of -10.0%. Operating expenses fell 38% while revenue fell 39%. The quarter ended with a net loss of $39.9M, narrower than the previous quarter's $81.3M loss.

Operating cash flow was −$50.9M. Non-cash charges added back $4.8M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $16.9M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$52.1M.

Questions

What was Neighborhood Intelligence's revenue in the first quarter 2025?

Neighborhood Intelligence (NXH) reported revenue of $232M for the first quarter 2025 (Q1 2025), -39% from a year earlier and -24% from the quarter before.

Was Neighborhood Intelligence profitable in the first quarter 2025?

Operating loss was $23.2M (-10.0% of revenue) and net loss $39.9M.

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Source: Neighborhood Intelligence 10-Q on SEC EDGAR.