Filing Flows › Twin Vee PowerCats (VEEE) › Q2 2025
Twin Vee PowerCats (VEEE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Twin Vee PowerCats (VEEE) reported revenue of $4.8M for the second quarter 2025 (Q2 2025), +10% from a year earlier and +32% from the quarter before. Operating margin was -35.2%, net loss $1.7M (34.8% of revenue).
Twin Vee PowerCats, Q2 2025: revenue $4.8M (+10% year over year), operating margin -35.2%, net loss $1.7M, operating cash flow −$746K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8M | +32% | +10% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | −$746K | — | — |
What changed
Revenue was $4.8M in Q2 2025, up 10% year over year and up 32% from the previous quarter.
Gross margin was 13.8%, up 9.1 points from a year earlier. Operating costs exceeded revenue by $1.7M, an operating margin of -35.2%. Operating expenses fell 52% while revenue rose 10%. The quarter ended with a net loss of $1.7M, wider than the previous quarter's $1.6M loss.
Operating cash flow was −$746K. Non-cash charges added back $426K of depreciation and amortization and $60K of share-based compensation. Working capital and other items added $423K. Capital expenditures of $708K exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Twin Vee PowerCats' revenue in the second quarter 2025?
Twin Vee PowerCats (VEEE) reported revenue of $4.8M for the second quarter 2025 (Q2 2025), +10% from a year earlier and +32% from the quarter before.
Was Twin Vee PowerCats profitable in the second quarter 2025?
Operating loss was $1.7M (-35.2% of revenue) and net loss $1.7M.
Source: Twin Vee PowerCats 10-Q on SEC EDGAR.