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Ttec Holdings (TTEC) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 7, 2025

Ttec Holdings (TTEC) reported revenue of $514M for the second quarter 2025 (Q2 2025), -4% from a year earlier and -4% from the quarter before. Operating margin was 3.7%, net loss $6.7M (1.3% of revenue).

Revenue$514M
Year over year-4%
Quarter over quarter-4%
Operating margin3.7%
Net earnings−$6.7M

Ttec Holdings, Q2 2025: revenue $514M (-4% year over year), operating margin 3.7%, net loss $6.7M, operating cash flow $92.7M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$514M-4%-4%
Operating profit$18.9M-22%—
Net earnings−$6.7M-586%—
Operating cash flow$92.7M+329%+88%
Free cash flow$85.5M—+144%

What changed

Revenue was $513.6M in Q2 2025, down 4% year over year and down 4% from the previous quarter. TTEC Engage was the largest line at 78% of revenue. TTEC Engage lost $17.9M year over year (down 4%), 87% of the total change.

Operating profit was $18.9M, a 3.7% margin (up 45.7 points year over year). Total costs fell 35% while revenue fell 4%. The quarter ended with a net loss of $6.7M, after a profit of $3.2M the previous quarter. Net interest and other expense of $15.3M was the main reason.

Operating cash flow was $92.7M (up 88% year over year). Non-cash charges added back $22.9M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $72.5M. After total Cash Capital Expenditures ($7.2M), free cash flow as the company reports it was $85.5M.

Questions

What was Ttec Holdings' revenue in the second quarter 2025?

Ttec Holdings (TTEC) reported revenue of $514M for the second quarter 2025 (Q2 2025), -4% from a year earlier and -4% from the quarter before.

Was Ttec Holdings profitable in the second quarter 2025?

Operating profit was $18.9M (3.7% of revenue) and net loss $6.7M.

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Source: Ttec Holdings 10-Q on SEC EDGAR.