Filing Flows › QHSLab (USAQ) › Q2 2025
QHSLab (USAQ) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
QHSLab (USAQ) reported revenue of $605K for the second quarter 2025 (Q2 2025), +28% from a year earlier and -6% from the quarter before. Operating margin was 1.9%, net loss $53K (8.7% of revenue).
QHSLab, Q2 2025: revenue $605K (+28% year over year), operating margin 1.9%, net loss $53K, operating cash flow $127K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $605K | -6% | +28% |
| Operating profit | $12K | — | — |
| Net earnings | −$53K | — | — |
| Operating cash flow | $127K | — | +45% |
What changed
Revenue was $605K in Q2 2025, up 28% year over year and down 6% from the previous quarter. Integrated Service Program was the largest line at 44% of revenue. Integrated Service Program added $103K year over year (up 64%), 78% of the total change. Subscription Revenue declined 35%.
Gross margin was 65.9%, up 3.7 points from a year earlier. Operating profit was $12K, a 1.9% margin (down 4.4 points year over year). Operating profit fell $18K even though revenue rose $132K versus a year earlier, so costs grew faster than sales. Operating expenses grew 47% against revenue growth of 28%. The fastest-growing cost line was General & admin (+108%). The quarter ended with a net loss of $53K, narrower than the previous quarter's $80K loss. Net interest and other expense of $64K was the main reason.
Operating cash flow was $127K (up 45% year over year). Non-cash charges added back $18K of depreciation and amortization. Working capital and other items added $162K.
Questions
What was QHSLab's revenue in the second quarter 2025?
QHSLab (USAQ) reported revenue of $605K for the second quarter 2025 (Q2 2025), +28% from a year earlier and -6% from the quarter before.
Was QHSLab profitable in the second quarter 2025?
Operating profit was $12K (1.9% of revenue) and net loss $53K.
Source: QHSLab 10-Q on SEC EDGAR.