Filing Flows › ONE Group Hospitality (STKS) › Q1 2025
ONE Group Hospitality (STKS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
ONE Group Hospitality (STKS) reported revenue of $211M for the first quarter 2025 (Q1 2025), +148% from a year earlier and -5% from the quarter before. Operating margin was 5.1%, net earnings $975K (0.5% of revenue).
ONE Group Hospitality, Q1 2025: revenue $211M (+148% year over year), operating margin 5.1%, net earnings $975K, operating cash flow $8.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $211M | -5% | +148% |
| Operating profit | $10.7M | -16% | — |
| Net earnings | $975K | -66% | — |
| Operating cash flow | $8.5M | -54% | -18% |
What changed
Revenue was $211.1M in Q1 2025, up 148% year over year and down 5% from the previous quarter.
Operating profit was $10.7M, a 5.1% margin (up 5.8 points year over year). Total costs grew 134% against revenue growth of 148%. The fastest-growing cost line was Other operating costs (+140%). Net earnings were $1.0M ($622K including minority interests, which bore $353K of losses). The effective tax rate was 31.4%.
Operating cash flow was $8.5M (down 18% year over year), 1373% of net income including minority interests. Non-cash charges added back $9.8M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $3.5M. Capital expenditures of $14.3M exceeded it, leaving free cash flow of −$5.8M.
Questions
What was ONE Group Hospitality's revenue in the first quarter 2025?
ONE Group Hospitality (STKS) reported revenue of $211M for the first quarter 2025 (Q1 2025), +148% from a year earlier and -5% from the quarter before.
Was ONE Group Hospitality profitable in the first quarter 2025?
Operating profit was $10.7M (5.1% of revenue) and net earnings $975K.