Filing Flows › TechTarget (TTGT) › Q2 2025
TechTarget (TTGT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
TechTarget (TTGT) reported revenue of $120M for the second quarter 2025 (Q2 2025), +90% from a year earlier and +15% from the quarter before. Operating margin was -342.1%, net loss $399M (332.4% of revenue).
TechTarget, Q2 2025: revenue $120M (+90% year over year), operating margin -342.1%, net loss $399M, operating cash flow $1.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $120M | +15% | +90% |
| Operating profit | −$410M | — | — |
| Net earnings | −$399M | — | — |
| Operating cash flow | $1.5M | -88% | — |
| Free cash flow | $1.4M | -88% | — |
What changed
Revenue was $119.9M in Q2 2025, up 90% year over year and up 15% from the previous quarter. Marketing Advertising Services and Sponsorship was the largest line at 73% of revenue. Marketing Advertising Services and Sponsorship added $50.8M year over year (up 140%), 89% of the total change. Exhibitor and Attendee declined 84%.
Gross margin was 57.3%, down 0.3 points from a year earlier. Operating costs exceeded revenue by $410.3M, an operating margin of -342.1%. Operating expenses grew 578% against revenue growth of 90%. The fastest-growing cost line was Other operating costs (+1058%). The quarter ended with a net loss of $398.7M, narrower than the previous quarter's $523.4M loss.
Operating cash flow was $1.5M. Non-cash charges added back $26.3M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items added $369.6M. Capital expenditures of $51K left free cash flow of $1.4M.
Questions
What was TechTarget's revenue in the second quarter 2025?
TechTarget (TTGT) reported revenue of $120M for the second quarter 2025 (Q2 2025), +90% from a year earlier and +15% from the quarter before.
Was TechTarget profitable in the second quarter 2025?
Operating loss was $410M (-342.1% of revenue) and net loss $399M.
Source: TechTarget 10-Q on SEC EDGAR.