Filing Flows › TechTarget (TTGT) › Q1 2025
TechTarget (TTGT) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jul 14, 2025
TechTarget (TTGT) reported revenue of $104M for the first quarter 2025 (Q1 2025), +77% from a year earlier and +3% from the quarter before. Operating margin was -474.5%, net loss $523M (503.8% of revenue).
TechTarget, Q1 2025: revenue $104M (+77% year over year), operating margin -474.5%, net loss $523M, operating cash flow $12.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $104M | +3% | +77% |
| Operating profit | −$493M | — | — |
| Net earnings | −$523M | — | — |
| Operating cash flow | $12.2M | — | — |
| Free cash flow | $12.2M | — | — |
What changed
Revenue was $103.9M in Q1 2025, up 77% year over year and up 3% from the previous quarter. Marketing Advertising Services and Sponsorship was the largest line at 70% of revenue. Marketing Advertising Services and Sponsorship added $38.8M year over year (up 116%), 86% of the total change.
Gross margin was 57.5%, down 1.6 points from a year earlier. Operating costs exceeded revenue by $492.9M, an operating margin of -474.5%. Operating expenses grew 867% against revenue growth of 77%. The fastest-growing cost line was Other operating costs (+2123%). The quarter ended with a net loss of $523.4M, wider than the previous quarter's $39.7M loss.
Operating cash flow was $12.2M. Non-cash charges added back $26.2M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $505.4M. Capital expenditures of $30K left free cash flow of $12.2M.
Questions
What was TechTarget's revenue in the first quarter 2025?
TechTarget (TTGT) reported revenue of $104M for the first quarter 2025 (Q1 2025), +77% from a year earlier and +3% from the quarter before.
Was TechTarget profitable in the first quarter 2025?
Operating loss was $493M (-474.5% of revenue) and net loss $523M.
Source: TechTarget 10-Q on SEC EDGAR.