Filing Flows › Pamt (PAMT) › Q2 2025
Pamt (PAMT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Pamt (PAMT) reported revenue of $151M for the second quarter 2025 (Q2 2025), -17% from a year earlier and -3% from the quarter before. Operating margin was -7.3%, net loss $9.6M (6.4% of revenue).
Pamt, Q2 2025: revenue $151M (-17% year over year), operating margin -7.3%, net loss $9.6M, operating cash flow $12.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $151M | -3% | -17% |
| Operating profit | −$11.1M | — | — |
| Net earnings | −$9.6M | — | — |
| Operating cash flow | $12.2M | +144% | -35% |
| Free cash flow | $5.9M | — | +44% |
What changed
Revenue was $151.1M in Q2 2025, down 17% year over year and down 3% from the previous quarter. Freight Transportation Service was the largest line at 89% of revenue. Freight Transportation Service lost $26.4M year over year (down 16%), 83% of the total change.
Operating costs exceeded revenue by $11.1M, an operating margin of -7.3%. Total costs fell 12% while revenue fell 17%. The quarter ended with a net loss of $9.6M, wider than the previous quarter's $8.1M loss.
Operating cash flow was $12.2M (down 35% year over year). Non-cash charges added back $21.7M of depreciation. Capital expenditures of $6.3M left free cash flow of $5.9M.
Questions
What was Pamt's revenue in the second quarter 2025?
Pamt (PAMT) reported revenue of $151M for the second quarter 2025 (Q2 2025), -17% from a year earlier and -3% from the quarter before.
Was Pamt profitable in the second quarter 2025?
Operating loss was $11.1M (-7.3% of revenue) and net loss $9.6M.
Source: Pamt 10-Q on SEC EDGAR.