Filing Flows › One Stop Systems (OSS) › Q1 2025
One Stop Systems (OSS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
One Stop Systems (OSS) reported revenue of $12.3M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -19% from the quarter before. Operating margin was -15.9%, net loss $2.0M (16.5% of revenue).
One Stop Systems, Q1 2025: revenue $12.3M (-3% year over year), operating margin -15.9%, net loss $2.0M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.3M | -19% | -3% |
| Operating profit | −$1.9M | — | — |
| Net earnings | −$2.0M | — | — |
| Operating cash flow | −$1.1M | — | — |
What changed
Revenue was $12.3M in Q1 2025, down 3% year over year and down 19% from the previous quarter.
Gross margin was 32.6%, up 3.2 points from a year earlier. Operating costs exceeded revenue by $1.9M, an operating margin of -15.9%. Operating expenses grew 19% against a revenue fall of 3%. The fastest-growing cost line was Research & development (+40%). The quarter ended with a net loss of $2.0M, narrower than the previous quarter's $3.1M loss.
Operating cash flow was −$1.1M. Non-cash charges added back $224K of depreciation and amortization and $613K of share-based compensation. Capital expenditures of $13K exceeded it, leaving free cash flow of −$1.1M.
Questions
What was One Stop Systems' revenue in the first quarter 2025?
One Stop Systems (OSS) reported revenue of $12.3M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -19% from the quarter before.
Was One Stop Systems profitable in the first quarter 2025?
Operating loss was $1.9M (-15.9% of revenue) and net loss $2.0M.
Source: One Stop Systems 10-Q on SEC EDGAR.