Filing Flows › Venu Holding (VENU) › Q2 2025
Venu Holding (VENU) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Venu Holding (VENU) reported revenue of $4.5M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +28% from the quarter before. Operating margin was -229.7%, net loss $12.3M (274.2% of revenue).
Venu Holding, Q2 2025: revenue $4.5M (+8% year over year), operating margin -229.7%, net loss $12.3M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5M | +28% | +7% |
| Operating profit | −$10.3M | — | — |
| Net earnings | −$12.3M | — | — |
| Operating cash flow | −$2.4M | — | — |
What changed
Revenue was $4.5M in Q2 2025, up 7% year over year and up 28% from the previous quarter. Food and Beverage was the largest line at 57% of revenue. Rental and Sponsorship Revenue added $652K year over year (up 4241%), 209% of the total change. Food and Beverage declined 10%.
Operating costs exceeded revenue by $10.3M, an operating margin of -229.7%. Total costs grew 73% against revenue growth of 7%. The fastest-growing cost line was General & admin (+2501%). The quarter ended with a net loss of $12.3M, narrower than the previous quarter's $19.4M loss. Minority interests bore $886K of it: to shareholders the quarter was a loss of $11.4M.
Operating cash flow was −$2.4M. Non-cash charges added back $1.4M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $6.8M. Capital expenditures of $15.2M exceeded it, leaving free cash flow of −$17.6M.
Questions
What was Venu Holding's revenue in the second quarter 2025?
Venu Holding (VENU) reported revenue of $4.5M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +28% from the quarter before.
Was Venu Holding profitable in the second quarter 2025?
Operating loss was $10.3M (-229.7% of revenue) and net loss $12.3M.
Source: Venu Holding 10-Q on SEC EDGAR.