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Planet Green Holdings (PLAG) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 14, 2025

Planet Green Holdings (PLAG) reported revenue of $907K for the second quarter 2025 (Q2 2025), -53% from a year earlier and +8% from the quarter before. Operating margin was -75.9%, net loss $774K (85.3% of revenue).

Revenue$907K
Year over year-53%
Quarter over quarter+8%
Operating margin-75.9%
Net earnings−$774K

Planet Green Holdings, Q2 2025: revenue $907K (-53% year over year), operating margin -75.9%, net loss $774K, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$907K+8%-53%
Operating profit−$688K——
Net earnings−$774K——
Operating cash flow−$1.7M——

What changed

Revenue was $907K in Q2 2025, down 53% year over year and up 8% from the previous quarter.

Gross margin was 0.9%, down 2.5 points from a year earlier. Operating costs exceeded revenue by $688K, an operating margin of -75.9%. Operating expenses fell 46% while revenue fell 53%. The quarter ended with a net loss of $774K, narrower than the previous quarter's $797K loss.

Operating cash flow was −$1.7M. Non-cash charges added back $110K of depreciation and amortization. Working capital and other items used $1.0M. Capital expenditures of $0K exceeded it, leaving free cash flow of −$1.7M.

Questions

What was Planet Green Holdings' revenue in the second quarter 2025?

Planet Green Holdings (PLAG) reported revenue of $907K for the second quarter 2025 (Q2 2025), -53% from a year earlier and +8% from the quarter before.

Was Planet Green Holdings profitable in the second quarter 2025?

Operating loss was $688K (-75.9% of revenue) and net loss $774K.

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Source: Planet Green Holdings 10-Q on SEC EDGAR.