Filing Flows › Powercompute (PWCM) › Q1 2025
Powercompute (PWCM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Powercompute (PWCM) reported revenue of $2.4M for the first quarter 2025 (Q1 2025), -50% from a year earlier and +19% from the quarter before. Operating margin was -215.1%, net loss $5.4M (228.0% of revenue).
Powercompute, Q1 2025: revenue $2.4M (-50% year over year), operating margin -215.1%, net loss $5.4M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4M | +19% | -50% |
| Operating profit | −$5.1M | -334% | — |
| Net earnings | −$5.4M | -948% | — |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $2.4M in Q1 2025, down 50% year over year and up 19% from the previous quarter.
Operating costs exceeded revenue by $5.1M, an operating margin of -215.1%. Total costs grew 100% against a revenue fall of 50%. The fastest-growing cost line was Other operating costs (+101%). The quarter ended with a net loss of $5.4M, after a profit of $563K the previous quarter. Minority interests bore $8K of it: to shareholders the quarter was a loss of $5.4M.
Operating cash flow was −$2.9M. Non-cash charges added back $2.0M of depreciation and amortization. Working capital and other items added $470K. Capital expenditures of $170K exceeded it, leaving free cash flow of −$3.1M.
Questions
What was Powercompute's revenue in the first quarter 2025?
Powercompute (PWCM) reported revenue of $2.4M for the first quarter 2025 (Q1 2025), -50% from a year earlier and +19% from the quarter before.
Was Powercompute profitable in the first quarter 2025?
Operating loss was $5.1M (-215.1% of revenue) and net loss $5.4M.
Source: Powercompute 10-Q on SEC EDGAR.