RGTI Q1 2025 Earnings — Income Statement Breakdown
For its Q1 2025 period (ending 2025-03-31), RGTI reported revenue of $1M, gross profit of $442,000 (30.0% gross margin), operating income of −$22M, and net income of $43M (2895.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RGTI was profitable; revenue fell 51.8% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | −51.8% | +305.2% | +3575.9 pp |
| Quarter over quarter | −35.3% | +127.9% | +9621.8 pp |
Consensus estimate data is not available for this report.
RGTI Q1 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1M | 100% |
| Cost of Revenue | −$1M | 70.0% |
| Gross Profit | $442,000 | 30.0% |
| Research & Development | −$15M | 1049.9% |
| Selling, General & Administrative | −$7M | 449.7% |
| Operating Income | −$22M | -1469.6% |
| Other Income, net | $64M | 4364.9% |
| Net Income | $43M | 2895.3% |
Source: original SEC filing (filed 2025-05-12). Accession 0001558370-25-007372. Data normalized by EarningsFyi.