Filing Flows › Reliability (RLBY) › Q1 2025
Reliability (RLBY) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Reliability (RLBY) reported revenue of $4.7M for the first quarter 2025 (Q1 2025), -10% from a year earlier and -26% from the quarter before. Operating margin was -8.0%, net loss $333K (7.0% of revenue).
Reliability, Q1 2025: revenue $4.7M (-10% year over year), operating margin -8.0%, net loss $333K, operating cash flow $959K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7M | -26% | -10% |
| Operating profit | −$382K | — | — |
| Net earnings | −$333K | — | — |
| Operating cash flow | $959K | — | — |
What changed
Revenue was $4.7M in Q1 2025, down 10% year over year and down 26% from the previous quarter. EOR was the largest line at 79% of revenue. EOR lost $817K year over year (down 18%), 149% of the total change.
Gross margin was 13.5%, up 0.1 points from a year earlier. Operating costs exceeded revenue by $382K, an operating margin of -8.0%. Operating expenses grew 8% against a revenue fall of 10%. The quarter ended with a net loss of $333K, wider than the previous quarter's $260K loss.
Operating cash flow was $1.0M. Non-cash charges added back $8K of depreciation and amortization. Working capital and other items added $1.3M.
Questions
What was Reliability's revenue in the first quarter 2025?
Reliability (RLBY) reported revenue of $4.7M for the first quarter 2025 (Q1 2025), -10% from a year earlier and -26% from the quarter before.
Was Reliability profitable in the first quarter 2025?
Operating loss was $382K (-8.0% of revenue) and net loss $333K.
Source: Reliability 10-Q on SEC EDGAR.