Filing Flows › Ranpak Holdings (PACK) › Q1 2025
Ranpak Holdings (PACK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Ranpak Holdings (PACK) reported revenue of $91.2M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -13% from the quarter before. Operating margin was -8.8%, net loss $10.9M (12.0% of revenue).
Ranpak Holdings, Q1 2025: revenue $91.2M (+7% year over year), operating margin -8.8%, net loss $10.9M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $91.2M | -13% | +7% |
| Operating profit | −$8.0M | — | — |
| Net earnings | −$10.9M | — | — |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $91.2M in Q1 2025, up 7% year over year and down 13% from the previous quarter.
Gross margin was 33.9%, down 4.0 points from a year earlier. Operating costs exceeded revenue by $8.0M, an operating margin of -8.8%. Operating expenses grew 5% against revenue growth of 7%. The quarter ended with a net loss of $10.9M, wider than the previous quarter's $10.8M loss. Net interest and other expense of $6.1M was the main reason.
Operating cash flow was −$1.3M. Non-cash charges added back $15.1M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $7.6M. Capital expenditures of $200K exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Ranpak Holdings' revenue in the first quarter 2025?
Ranpak Holdings (PACK) reported revenue of $91.2M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -13% from the quarter before.
Was Ranpak Holdings profitable in the first quarter 2025?
Operating loss was $8.0M (-8.8% of revenue) and net loss $10.9M.
Source: Ranpak Holdings 10-Q on SEC EDGAR.