Filing Flows › XBP Global Holdings (XBP) › Q1 2025
XBP Global Holdings (XBP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
XBP Global Holdings (XBP) reported revenue of $192M for the first quarter 2025 (Q1 2025) and -8% from the quarter before. Operating margin was -0.9%, net loss $4.3M (2.3% of revenue).
XBP Global Holdings, Q1 2025: revenue $192M, operating margin -0.9%, net loss $4.3M, operating cash flow −$929K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $192M | -8% | — |
| Operating profit | −$1.8M | -281% | — |
| Net earnings | −$4.3M | — | — |
| Operating cash flow | −$929K | -116% | — |
What changed
Revenue was $192.0M in Q1 2025, down 8% from the previous quarter.
Gross margin was 5.9%. Operating costs exceeded revenue by $1.8M, an operating margin of -0.9%. The quarter ended with a net loss of $4.3M, wider than the previous quarter's $2.7M loss.
Operating cash flow was −$929K. Non-cash charges added back $627K of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $793K. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$1.9M.
Questions
What was XBP Global Holdings' revenue in the first quarter 2025?
XBP Global Holdings (XBP) reported revenue of $192M for the first quarter 2025 (Q1 2025) and -8% from the quarter before.
Was XBP Global Holdings profitable in the first quarter 2025?
Operating loss was $1.8M (-0.9% of revenue) and net loss $4.3M.