Filing Flows › Tradewinds Universal (TRWD) › Q2 2025
Tradewinds Universal (TRWD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Tradewinds Universal (TRWD) reported revenue of $20K for the second quarter 2025 (Q2 2025), -77% from a year earlier and +54% from the quarter before. Operating margin was -125.7%, net loss $25K (125.7% of revenue).
Tradewinds Universal, Q2 2025: revenue $20K (-77% year over year), operating margin -125.7%, net loss $25K, operating cash flow $1K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20K | +54% | -77% |
| Operating profit | −$25K | — | — |
| Net earnings | −$25K | — | — |
| Operating cash flow | $1K | — | -95% |
What changed
Revenue was $20K in Q2 2025, down 77% year over year and up 54% from the previous quarter.
Gross margin was 100.0%, up 14.1 points from a year earlier. Operating costs exceeded revenue by $25K, an operating margin of -125.7%. Operating expenses fell 32% while revenue fell 77%. The fastest-growing cost line was General & admin (+1812%). The quarter ended with a net loss of $25K, wider than the previous quarter's $1K loss.
Operating cash flow was $1K (down 95% year over year). Working capital and other items added $26K.
Questions
What was Tradewinds Universal's revenue in the second quarter 2025?
Tradewinds Universal (TRWD) reported revenue of $20K for the second quarter 2025 (Q2 2025), -77% from a year earlier and +54% from the quarter before.
Was Tradewinds Universal profitable in the second quarter 2025?
Operating loss was $25K (-125.7% of revenue) and net loss $25K.