Urgent.ly Inc ( (ULY) ) has released its Q2 earnings. Here is a breakdown of the information Urgent.ly Inc presented to its investors.
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Urgent.ly Inc., a U.S.-based company, specializes in digital roadside and mobility assistance technology, leveraging AI and machine learning to enhance service delivery across the automotive and transportation sectors. In its second quarter of 2025 financial results, Urgent.ly reported revenue of $31.7 million, aligning with expectations, despite an 8% year-over-year decline. The company achieved a gross profit of $7.9 million, marking an 8% increase from the previous year, and improved its gross margin to 25% from 21%. Operating losses showed significant improvement, with a GAAP operating loss of $2.2 million, a 74% reduction compared to the previous year, and a non-GAAP operating loss of $0.2 million, a 97% improvement. The company completed approximately 191,000 dispatches and maintained a high consumer satisfaction score of 4.7 out of 5 stars. A notable strategic development was the launch of SPARK, an AI-powered market analyzer aimed at optimizing service performance in urban areas. Looking ahead, Urgent.ly’s management remains optimistic about achieving positive cash flow, driven by their innovative technology platform and strong customer satisfaction metrics.