The earnings call presented a positive outlook with significant achievements in gross margin, operating breakeven, and cost reductions, despite facing a revenue decline due to past customer nonrenewals and ongoing cash challenges.

Company Guidance -

Q2 2025

During the first quarter of 2025, Urgent.ly reported a revenue of $31.3 million, aligning with their guidance range of $30 million to $33 million, marking their seventh consecutive quarter of meeting revenue expectations. Despite a 22% year-over-year decline in revenue, the company achieved a record gross margin of 25.5%, a 5.6 percentage point increase over 18 months, situating it within their midterm outlook of 25% to 30%. The company also reduced non-GAAP operating expenses by 42% to $8.4 million, and non-GAAP operating loss improved by 93% to approximately $400,000, well below their $1 million guidance. For the first time, Urgent.ly reached non-GAAP operating breakeven in March 2025. As of March 31, 2025, Urgent.ly had cash and cash equivalents of $6.4 million and a net principal debt balance of $56.7 million. Looking forward, they anticipate positive sequential revenue growth in Q3 2025, aiming for non-GAAP operating breakeven by mid-2025, while expanding their business into the mid-market insurance sector using a Champion Challenger model.

Record Gross Margin Achievement

Achieved a record gross margin of 25.5%, within the midterm outlook of 25% to 30%, marking an increase of 5.6 percentage points over 18 months.

Non-GAAP Operating Breakeven Milestone

For the first time, Urgent.ly achieved non-GAAP operating breakeven in March 2025, demonstrating positive momentum and significant progress towards financial commitments.

Substantial Reduction in Operating Expenses

Operating expenses decreased by 41% year-over-year, with specific reductions in R&D (54%), Sales and Marketing (65%), and Operations and Support (44%).

Customer Service Excellence

Maintained a high customer service score of 4.6 out of 5 stars in Q1 2025, emphasizing exceptional service delivery.

Strategic Partnerships and Renewals

Secured renewal with one of the largest global fleet management companies, demonstrating strong and expanding partnerships.

Urgent.ly Inc (ULY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ULY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 18, 2025	2025 (Q2)	-2.70 / -	-10.44	―	―	―
May 13, 2025	2025 (Q1)	-2.64 / -4.69	-11.64	59.71% (+6.95)	―
Mar 12, 2025	2024 (Q4)	-3.48 / -7.80	143.4	-105.44% (-151.20)	―
Nov 12, 2024	2024 (Q3)	-8.04 / -9.48	-24.24	60.89% (+14.76)
Aug 12, 2024	2024 (Q2)	-9.12 / -10.44	-5.787	-80.40% (-4.65)
May 13, 2024	2024 (Q1)	-11.04 / -11.64	-15.999	27.25% (+4.36)
Mar 14, 2024	2023 (Q4)	-13.32 / 143.40	―	―
Nov 14, 2023	2023 (Q3)	- / -24.24	-1.732	-1299.54% (-22.51)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ULY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 13, 2025	$8.93	$8.87	-0.67%
Mar 12, 2025	$6.12	$3.65	-40.36%
Nov 12, 2024	$7.66	$7.44	-2.87%
Aug 12, 2024	$12.48	$12.12	-2.88%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Urgent.ly Inc (ULY) report earnings?

Urgent.ly Inc (ULY) is schdueled to report earning on Aug 18, 2025, Before Open (Confirmed).

What is Urgent.ly Inc (ULY) earnings time?

Urgent.ly Inc (ULY) earnings time is at Aug 18, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ULY EPS forecast?

ULY EPS forecast for the fiscal quarter 2025 (Q2) is -2.7.

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