Filing Flows › TaskUs (TASK) › Q1 2025
TaskUs (TASK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
TaskUs (TASK) reported revenue of $278M for the first quarter 2025 (Q1 2025), +22% from a year earlier and +1% from the quarter before. Operating margin was 12.3%, net earnings $21.1M (7.6% of revenue).
TaskUs, Q1 2025: revenue $278M (+22% year over year), operating margin 12.3%, net earnings $21.1M, operating cash flow $36.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $278M | +1% | +22% |
| Operating profit | $34.2M | +56% | +45% |
| Net earnings | $21.1M | +139% | +81% |
| Operating cash flow | $36.3M | -11% | -29% |
| Free cash flow | $21.8M | — | -54% |
What changed
Revenue was $277.8M in Q1 2025, up 22% year over year and up 1% from the previous quarter. Digital Customer Experience was the largest line at 58% of revenue. Trust + Safety added $17.1M year over year (up 31%), 34% of the total change.
Operating profit was $34.2M, a 12.3% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 21% reached operating profit, above the 10% margin then. Total costs grew 19% against revenue growth of 22%. The fastest-growing cost line was Cost of revenue (+26%). Net earnings were $21.1M, up 81% year over year. The effective tax rate was 28.9%.
Operating cash flow was $36.3M (down 29% year over year), 172% of net earnings. Non-cash charges added back $15.0M of depreciation and amortization and $8.7M of share-based compensation. Working capital and other items used $8.6M. After purchase of property and equipment ($14.5M), free cash flow as the company reports it was $21.8M.
Questions
What was TaskUs' revenue in the first quarter 2025?
TaskUs (TASK) reported revenue of $278M for the first quarter 2025 (Q1 2025), +22% from a year earlier and +1% from the quarter before.
Was TaskUs profitable in the first quarter 2025?
Operating profit was $34.2M (12.3% of revenue) and net earnings $21.1M.
Source: TaskUs 10-Q on SEC EDGAR.