Freight Technologies Q2 revenue falls to $2.99 million; 2025 revenue outlook cut
Freight Technologies reported second-quarter 2025 revenue of $2,989,910, down from $3,837,842 a year earlier, and net income of $649,238 compared with a net loss of $1,954,556. The company attributed the profit mainly to a $2,427,754 unrealized gain on cryptocurrency holdings, and it lowered its full-year 2025 revenue and operating margin outlook, citing higher tariffs and selective customer engagement in brokerage.
- Q2 2025 revenue was $2,989,910 versus $3,837,842 in Q2 2024.
- Net income was $649,238 versus a net loss of $1,954,556; an unrealized crypto gain of $2,427,754 contributed.
- Operating loss narrowed to $1,470,971 from $1,704,951 year over year.
- 2025 outlook: revenue of $13 million to $16 million and operating loss of $4.5 million to $6.3 million.