Filing Flows › Trutankless (TKLS) › Q1 2025
Trutankless (TKLS) Q1 2025 earnings results (first quarter 2025)
10-Q filed Oct 9, 2025
Trutankless (TKLS) reported revenue of $430K for the first quarter 2025 (Q1 2025) and +742% from the quarter before. Operating margin was -321.0%, net loss $1.6M (371.1% of revenue).
Trutankless, Q1 2025: revenue $430K, operating margin -321.0%, net loss $1.6M, operating cash flow −$707K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $430K | +742% | — |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$707K | — | — |
What changed
Revenue was $430K in Q1 2025, up 742% from the previous quarter.
Gross margin was 24.2%. Operating costs exceeded revenue by $1.4M, an operating margin of -321.0%. The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $15.1M loss.
Operating cash flow was −$707K. Non-cash charges added back $13K of depreciation and $487K of share-based compensation. Working capital and other items added $389K. Capital expenditures of $204K exceeded it, leaving free cash flow of −$911K.
Questions
What was Trutankless' revenue in the first quarter 2025?
Trutankless (TKLS) reported revenue of $430K for the first quarter 2025 (Q1 2025) and +742% from the quarter before.
Was Trutankless profitable in the first quarter 2025?
Operating loss was $1.4M (-321.0% of revenue) and net loss $1.6M.
Source: Trutankless 10-Q on SEC EDGAR.