Filing Flows › Sbig Holdings (SBIG) › Q2 2025
Sbig Holdings (SBIG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Sbig Holdings (SBIG) reported revenue of $5.8M for the second quarter 2025 (Q2 2025), -9% from a year earlier and +6% from the quarter before. Operating margin was -12.4%, net loss $1.1M (19.5% of revenue).
Sbig Holdings, Q2 2025: revenue $5.8M (-9% year over year), operating margin -12.4%, net loss $1.1M, operating cash flow $304K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.8M | +6% | -9% |
| Operating profit | −$726K | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | $304K | — | — |
| Free cash flow | $296K | — | — |
What changed
Revenue was $5.8M in Q2 2025, down 9% year over year and up 6% from the previous quarter.
Gross margin was 74.3%, up 1.2 points from a year earlier. Operating costs exceeded revenue by $726K, an operating margin of -12.4%. Operating expenses grew 7% against a revenue fall of 9%. The fastest-growing cost line was General & admin (+14%). The quarter ended with a net loss of $1.1M, wider than the previous quarter's $751K loss.
Operating cash flow was $304K. Non-cash charges added back $29K of depreciation and amortization and $173K of share-based compensation. Working capital and other items added $1.2M. Capital expenditures of $8K left free cash flow of $296K.
Questions
What was Sbig Holdings' revenue in the second quarter 2025?
Sbig Holdings (SBIG) reported revenue of $5.8M for the second quarter 2025 (Q2 2025), -9% from a year earlier and +6% from the quarter before.
Was Sbig Holdings profitable in the second quarter 2025?
Operating loss was $726K (-12.4% of revenue) and net loss $1.1M.
Source: Sbig Holdings 10-Q on SEC EDGAR.