Filing Flows › Sachem Capital (SACH) › Q2 2025
Sachem Capital (SACH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Sachem Capital (SACH) reported revenue of $10.8M for the second quarter 2025 (Q2 2025), -29% from a year earlier and -6% from the quarter before. Operating margin was 9.9%, net earnings $1.9M (17.5% of revenue).
Sachem Capital, Q2 2025: revenue $10.8M (-29% year over year), operating margin 9.9%, net earnings $1.9M, operating cash flow $501K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.8M | -6% | -29% |
| Operating profit | $1.1M | +4% | — |
| Net earnings | $1.9M | +109% | — |
| Operating cash flow | $501K | +162% | -93% |
| Free cash flow | $499K | +233% | -93% |
What changed
Revenue was $10.8M in Q2 2025, down 29% year over year and down 6% from the previous quarter.
Operating profit was $1.1M, a 9.9% margin (up 30.5 points year over year). Total costs fell 47% while revenue fell 29%. Net earnings were $1.9M. The effective tax rate was 0.0%. Non-operating items added $821K, 44% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $501K (down 93% year over year), 27% of net earnings. Non-cash charges added back $134K of depreciation and amortization and $164K of share-based compensation. Working capital and other items used $1.7M. Capital expenditures of $2K left free cash flow of $499K.
Questions
What was Sachem Capital's revenue in the second quarter 2025?
Sachem Capital (SACH) reported revenue of $10.8M for the second quarter 2025 (Q2 2025), -29% from a year earlier and -6% from the quarter before.
Was Sachem Capital profitable in the second quarter 2025?
Operating profit was $1.1M (9.9% of revenue) and net earnings $1.9M.
Source: Sachem Capital 10-Q on SEC EDGAR.