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RenX Enterprises (RENX) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 15, 2025

RenX Enterprises (RENX) reported revenue of $1.4M for the second quarter 2025 (Q2 2025), up 33-fold from a year earlier and up 77-fold from the quarter before. Operating margin was -351.8%, net loss $5.7M (408.1% of revenue).

Revenue$1.4M
Year over year33×
Quarter over quarter77×
Operating margin-351.8%
Net earnings−$5.7M

RenX Enterprises, Q2 2025: revenue $1.4M (33× year over year), operating margin -351.8%, net loss $5.7M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$1.4M77×33×
Operating profit−$4.9M——
Net earnings−$5.7M——

What changed

Revenue was $1.4M in Q2 2025, up 3226% year over year and up 7619% from the previous quarter.

Gross margin was 38.9%, down 61.1 points from a year earlier. Operating costs exceeded revenue by $4.9M, an operating margin of -351.8%. Operating expenses grew 480% against revenue growth of 3226%. The fastest-growing cost line was General & admin (+643%). The quarter ended with a net loss of $5.7M, wider than the previous quarter's $2.2M loss.

Questions

What was RenX Enterprises' revenue in the second quarter 2025?

RenX Enterprises (RENX) reported revenue of $1.4M for the second quarter 2025 (Q2 2025), up 33-fold from a year earlier and up 77-fold from the quarter before.

Was RenX Enterprises profitable in the second quarter 2025?

Operating loss was $4.9M (-351.8% of revenue) and net loss $5.7M.

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Source: RenX Enterprises 10-Q on SEC EDGAR.