NYSE$RSKD
Riskified Inc. · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Riskified reported modest revenue growth in Q2 2025 but posted a net loss, while maintaining positive adjusted EBITDA and free cash flow.
Riskified delivered $81.1M in revenue during Q2 2025, driven by new customer wins and upsell momentum across geographies. Despite a GAAP net loss, the company remained profitable on a non-GAAP basis and raised its full-year outlook.
- Revenue grew to $81.1M in Q2, up from $78.7M in the same period last year.
- GAAP net loss was $11.6M, or -$0.07 per share, while non-GAAP EPS came in at $0.02.
- Free cash flow remained positive at $5.34M for the quarter.
- Gross merchandise volume reached $36.43B, reflecting ongoing platform adoption.
Headline financials
Revenue & EPS history
Riskified · Revenue · Quarterly
$81.1M
Forward guidance
Riskified raised its revenue guidance for FY25 and remains focused on disciplined execution and expanding its AI fraud prevention platform.
Tailwinds
- Full-year revenue expected to be between $336M and $346M.
- Adjusted EBITDA guidance raised to $18M–$26M.
- New merchant wins across four verticals and geographies.
- Expanded presence in Japan with a multi-product go-live.
- Strategic partnership with HUMAN Security to secure AI ecommerce.
Headwinds
- GAAP net losses continue due to investment in growth and restructuring.
- Gross margin declined YoY from 52% to 49%.
- Operating income remains negative at -$13M.
- Non-GAAP EPS declined YoY from $0.04 to $0.02.
- Increased restructuring costs impacted profitability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 14 quarterly earnings reports · overlaid with Q2 2025
+3.5%
Avg return
Earnings day
+0.7%
Avg return
5 days after
-5.7%
Avg return
30 days after
67%
10 / 15 earnings
Positive
+35.0%
Q3 2022
Best reaction
-31.7%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | -16.0% | -12.9% | -12.9% | |
| Q1 2025 | +7.7% | +1.2% | -4.7% | |
| Q4 2024 | +3.0% | -9.7% | -16.8% | |
| Q3 2024 | +7.9% | +1.4% | +14.7% | |
| Q1 2024 | +8.8% | +13.2% | +12.9% | |
| Q4 2023 | +15.5% | +12.5% | +19.3% | |
| Q3 2023 | -4.5% | -5.0% | +7.1% | |
| Q1 2023 | +20.1% | +14.6% | +8.3% | |
| Q4 2022 | -8.2% | -8.0% | -11.0% | |
| Q3 2022 | +35.0% | +34.5% | +18.8% | |
| Q2 2022 | +13.3% | +3.8% | -10.2% | |
| Q1 2022 | +14.1% | +17.4% | +0.2% | |
| Q4 2021 | +6.5% | +13.2% | -11.0% | |
| Q3 2021 | -31.7% | -38.9% | -57.2% | |
| Q2 2021 | -19.2% | -26.5% | -42.8% | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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