Filing Flows › Powercompute (PWCM) › Q2 2025
Powercompute (PWCM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Powercompute (PWCM) reported revenue of $1.9M for the second quarter 2025 (Q2 2025), -36% from a year earlier and -19% from the quarter before. Operating margin was 22.0%, net earnings $101K (5.2% of revenue).
Powercompute, Q2 2025: revenue $1.9M (-36% year over year), operating margin 22.0%, net earnings $101K, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | -19% | -36% |
| Operating profit | $424K | — | — |
| Net earnings | $101K | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $1.9M in Q2 2025, down 36% year over year and down 19% from the previous quarter.
Operating profit was $424K, a 22.0% margin (up 165.2 points year over year). Total costs fell 79% while revenue fell 36%. The fastest-growing cost line was SG&A (+92%). Net earnings were $101K ($60K including minority interests, which bore $40K of losses). The effective tax rate was 0.0%.
Operating cash flow was −$2.8M. Non-cash charges added back $2.0M of depreciation and amortization. Working capital and other items used $4.9M. Capital expenditures of $207K exceeded it, leaving free cash flow of −$3.0M.
Questions
What was Powercompute's revenue in the second quarter 2025?
Powercompute (PWCM) reported revenue of $1.9M for the second quarter 2025 (Q2 2025), -36% from a year earlier and -19% from the quarter before.
Was Powercompute profitable in the second quarter 2025?
Operating profit was $424K (22.0% of revenue) and net earnings $101K.
Source: Powercompute 10-Q on SEC EDGAR.