Core Insights - Urgently Inc. reported Q3 2025 financial results showing revenue growth and margin expansion despite a year-over-year revenue decline [1][2] - The company achieved a significant reduction in operating expenses and improved both GAAP operating loss and non-GAAP operating income [2][7] Financial Performance - Revenue for Q3 2025 was $32.9 million, a decrease of 9% year-over-year, while year-to-date revenue was $95.9 million, down 14% [7][17] - Gross profit increased by 4% to $8.1 million, with a gross margin of 25%, up from 21% in the prior year [7][17] - GAAP operating expenses decreased by 28% to $9.9 million compared to $13.7 million in the prior year [7][17] - Non-GAAP operating expenses also improved by 25% to $8.0 million from $10.7 million year-over-year [7][17] - GAAP operating loss was reduced by 70% to $1.8 million from $5.9 million in the prior year [7][17] - Non-GAAP operating income reached $0.1 million, an improvement of 104% compared to a non-GAAP loss of $2.9 million in the prior year [7][17] Operational Metrics - Approximately 194,000 dispatches were completed in Q3 2025, maintaining a consumer satisfaction score of 4.6 out of 5 stars [7][8] - Year-to-date, the company completed around 574,000 dispatches with the same consumer satisfaction score [7][8] Strategic Focus - The company is focused on returning to growth by expanding relationships with existing customer partners and developing new customer opportunities [2][8] - Urgently aims to enhance user experiences through its technology-driven roadside assistance solutions [8]
Urgently Announces Third Quarter 2025 Financial Results