Filing Flows › XCel Brands (XELB) › Q1 2025
XCel Brands (XELB) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jun 4, 2025
XCel Brands (XELB) reported revenue of $1.3M for the first quarter 2025 (Q1 2025), -39% from a year earlier and +10% from the quarter before. Operating margin was -164.2%, net loss $2.8M (210.0% of revenue).
XCel Brands, Q1 2025: revenue $1.3M (-39% year over year), operating margin -164.2%, net loss $2.8M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | +10% | -39% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$2.8M | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $1.3M in Q1 2025, down 39% year over year and up 10% from the previous quarter.
Operating costs exceeded revenue by $2.2M, an operating margin of -164.2%. The quarter ended with a net loss of $2.8M, narrower than the previous quarter's $7.2M loss.
Operating cash flow was −$1.4M. Non-cash charges added back $900K of depreciation and amortization and $109K of share-based compensation. Working capital and other items added $354K. Capital expenditures of $14K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was XCel Brands' revenue in the first quarter 2025?
XCel Brands (XELB) reported revenue of $1.3M for the first quarter 2025 (Q1 2025), -39% from a year earlier and +10% from the quarter before.
Was XCel Brands profitable in the first quarter 2025?
Operating loss was $2.2M (-164.2% of revenue) and net loss $2.8M.
Source: XCel Brands 10-Q on SEC EDGAR.