Filing Flows › Tiptree (TIPT) › Q2 2025 › vs Q1 2025
Tiptree (TIPT) Q2 2025 vs Q1 2025 (quarter over quarter)
Tiptree's revenue rose $31.3M (+6%) from $497M in Q1 2025 to $529M in Q2 2025.
Tiptree, Q2 2025: revenue $529M (-3% year over year), operating margin -2.2%, net earnings $31.1M, operating cash flow $21.3M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q2 2025 | Q1 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 3.8% | -6.9% | +10.7 pts |
Every line
| Line | Q2 2025 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $529M | $497M | $31.3M | +6% |
| Other income, net | $64.6M | $37.9M | $26.6M | +70% |
| Costs & expenses | $593M | $535M | $58.0M | +11% |
| Operating costs | $541M | $510M | $30.6M | +6% |
| Income tax | $21.6M | $12.4M | $9.2M | +75% |
| Net earnings | $31.1M | $13.0M | $18.1M | +140% |
| SG&A | $12.6M | $10.6M | $2.0M | +19% |
| Other operating costs | $528M | $499M | $28.6M | +6% |
| Operating cash sources | $38.3M | $27.1M | $11.2M | +42% |
| Depreciation & amortization | $4.9M | $4.9M | $43K | +0.9% |
| Share-based compensation | $2.3M | $9.2M | −$6.9M | -75% |
| Working capital & other | $17.1M | $60.4M | −$43.3M | -72% |
| Operating cash flow | $21.3M | −$33.3M | $54.6M | — |
| Free cash flow (OCF − capex) | $20.1M | −$34.4M | $54.5M | — |
| Capital expenditures | $1.2M | $1.1M | $64K | +6% |
Questions
How much did Tiptree's revenue grow quarter over quarter in Q2 2025?
Tiptree's revenue rose $31.3M (+6%) from $497M in Q1 2025 to $529M in Q2 2025.