Filing Flows › Paid (PAYD) › Q2 2025
Paid (PAYD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 15, 2025
Paid (PAYD) reported revenue of $5.4M for the second quarter 2025 (Q2 2025), +18% from a year earlier and +24% from the quarter before. Operating margin was -7.5%, net loss $397K (7.3% of revenue).
Paid, Q2 2025: revenue $5.4M (+18% year over year), operating margin -7.5%, net loss $397K, operating cash flow $226K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4M | +24% | +18% |
| Operating profit | −$407K | — | — |
| Net earnings | −$397K | — | — |
| Operating cash flow | $226K | — | -25% |
| Free cash flow | $223K | — | -26% |
What changed
Revenue was $5.4M in Q2 2025, up 18% year over year and up 24% from the previous quarter. Shipping Coordination and Label Generation Services was the largest line at 99% of revenue. Shipping Coordination and Label Generation Services added $814K year over year (up 18%), 99% of the total change. Service declined 65%.
Gross margin was 22.1%, down 1.9 points from a year earlier. Operating costs exceeded revenue by $407K, an operating margin of -7.5%. Operating expenses grew 36% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+68%). The quarter ended with a net loss of $397K, wider than the previous quarter's $149K loss.
Operating cash flow was $226K (down 25% year over year). Non-cash charges added back $73K of depreciation and amortization and $511K of share-based compensation. Working capital and other items added $39K. Capital expenditures of $2K left free cash flow of $223K.
Questions
What was Paid's revenue in the second quarter 2025?
Paid (PAYD) reported revenue of $5.4M for the second quarter 2025 (Q2 2025), +18% from a year earlier and +24% from the quarter before.
Was Paid profitable in the second quarter 2025?
Operating loss was $407K (-7.5% of revenue) and net loss $397K.
Source: Paid 10-Q on SEC EDGAR.