Filing Flows › Pamt (PAMT) › Q1 2025
Pamt (PAMT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Pamt (PAMT) reported revenue of $155M for the first quarter 2025 (Q1 2025), -15% from a year earlier and -7% from the quarter before. Operating margin was -5.9%, net loss $8.1M (5.2% of revenue).
Pamt, Q1 2025: revenue $155M (-15% year over year), operating margin -5.9%, net loss $8.1M, operating cash flow $5.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $155M | -7% | -15% |
| Operating profit | −$9.2M | — | — |
| Net earnings | −$8.1M | — | — |
| Operating cash flow | $5.0M | -67% | -48% |
What changed
Revenue was $155.3M in Q1 2025, down 15% year over year and down 7% from the previous quarter. Freight Transportation Service was the largest line at 88% of revenue. Freight Transportation Service lost $24.3M year over year (down 15%), 89% of the total change.
Operating costs exceeded revenue by $9.2M, an operating margin of -5.9%. Total costs fell 10% while revenue fell 15%. The quarter ended with a net loss of $8.1M, narrower than the previous quarter's $31.6M loss.
Operating cash flow was $5.0M (down 48% year over year). Non-cash charges added back $22.6M of depreciation and $266K of share-based compensation. Working capital and other items used $9.7M. Capital expenditures of $11.8M exceeded it, leaving free cash flow of −$6.8M.
Questions
What was Pamt's revenue in the first quarter 2025?
Pamt (PAMT) reported revenue of $155M for the first quarter 2025 (Q1 2025), -15% from a year earlier and -7% from the quarter before.
Was Pamt profitable in the first quarter 2025?
Operating loss was $9.2M (-5.9% of revenue) and net loss $8.1M.
Source: Pamt 10-Q on SEC EDGAR.