Filing Flows › Super League Enterprise (SLE) › Q2 2025
Super League Enterprise (SLE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Super League Enterprise (SLE) reported revenue of $3.0M for the second quarter 2025 (Q2 2025), -27% from a year earlier and +10% from the quarter before. Operating margin was -104.8%, net loss $2.8M (92.7% of revenue).
Super League Enterprise, Q2 2025: revenue $3.0M (-27% year over year), operating margin -104.8%, net loss $2.8M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0M | +10% | -27% |
| Operating profit | −$3.1M | — | — |
| Net earnings | −$2.8M | — | — |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $3.0M in Q2 2025, down 27% year over year and up 10% from the previous quarter. Advertising and Sponsorships was the largest line at 49% of revenue. Publishing and Content Studio lost $813K year over year (down 37%), 73% of the total change.
Gross margin was 43.6%, up 3.6 points from a year earlier. Operating costs exceeded revenue by $3.1M, an operating margin of -104.8%. Operating expenses fell 22% while revenue fell 27%. The quarter ended with a net loss of $2.8M, narrower than the previous quarter's $4.2M loss.
Operating cash flow was −$1.8M. Non-cash charges added back $544K of depreciation and amortization and $475K of share-based compensation.
Questions
What was Super League Enterprise's revenue in the second quarter 2025?
Super League Enterprise (SLE) reported revenue of $3.0M for the second quarter 2025 (Q2 2025), -27% from a year earlier and +10% from the quarter before.
Was Super League Enterprise profitable in the second quarter 2025?
Operating loss was $3.1M (-104.8% of revenue) and net loss $2.8M.