Filing Flows › Vulcan Infrastructure & Power (VIP) › Q1 2025
Vulcan Infrastructure & Power (VIP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Vulcan Infrastructure & Power (VIP) reported revenue of $19.2M for the first quarter 2025 (Q1 2025), -0.5% from a year earlier and +30% from the quarter before. Operating margin was -12.4%, net loss $5.6M (28.9% of revenue).
Vulcan Infrastructure & Power, Q1 2025: revenue $19.2M (-0.5% year over year), operating margin -12.4%, net loss $5.6M, operating cash flow −$5.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.2M | +30% | -0.5% |
| Operating profit | −$2.4M | — | — |
| Net earnings | −$5.6M | — | — |
| Operating cash flow | −$5.7M | — | — |
What changed
Revenue was $19.2M in Q1 2025, roughly flat year over year and up 30% from the previous quarter. Power and capacity was the largest line at 48% of revenue. Datacenter hosting lost $3.3M year over year (down 36%), 3608% of the total change.
Operating costs exceeded revenue by $2.4M, an operating margin of -12.4%. Total costs grew 3% against flat revenue. The fastest-growing cost line was Other operating costs (+20%). The quarter ended with a net loss of $5.6M, wider than the previous quarter's $3.9M loss. Net interest and other expense of $3.2M was the main reason.
Operating cash flow was −$5.7M. Non-cash charges added back $3.1M of depreciation and amortization and $543K of share-based compensation. Working capital and other items used $3.8M.
Questions
What was Vulcan Infrastructure & Power's revenue in the first quarter 2025?
Vulcan Infrastructure & Power (VIP) reported revenue of $19.2M for the first quarter 2025 (Q1 2025), -0.5% from a year earlier and +30% from the quarter before.
Was Vulcan Infrastructure & Power profitable in the first quarter 2025?
Operating loss was $2.4M (-12.4% of revenue) and net loss $5.6M.