While Leafly achieved a positive adjusted EBITDA and made strategic expansions, significant revenue declines, retail account reductions, and ongoing payment delinquencies present notable challenges. The positive aspects are countered by financial and operational hurdles.

Company Guidance -

Q2 2025

During the Leafly Q2 2024 earnings call, the company provided guidance for the third quarter, projecting revenue of around $8.4 million and an adjusted EBITDA loss of less than $1 million. For Q2, Leafly reported revenue of $8.7 million, a net loss of $1.3 million, and a positive adjusted EBITDA of $483,000, surpassing guidance. The company highlighted a 6.4% reduction in retail accounts, ending the quarter with 3,595 accounts, and noted that payment delinquencies accounted for nearly 40% of the monthly recurring revenue lost. Despite a 25% year-over-year decline in brand revenue to $1.4 million, there was an observed increase from Q1, attributed to seasonal spending around the 420 holiday. Leafly also reported improvements in gross margin, which stood at 89%, and a decrease in operating expenses, down 17.5% year-over-year. The company continues to focus on operational efficiency and stabilizing revenues while expressing optimism about ongoing projects and market opportunities in regions like Ohio and Washington, D.C.

Positive Adjusted EBITDA

Leafly reported a positive adjusted EBITDA of $483,000 for Q2, reflecting continued focus on profitability despite muted revenue performance.

Improved Gross Margin

Gross margin improved to 89% in Q2 compared to 88% in the same quarter last year.

Ohio Recreational Program Launch

Leafly sees strong momentum with the early launch of Ohio's recreational cannabis program, with projected annual sales reaching $2.8 billion by 2030.

Expansion with Uber Eats in Alberta

Leafly expanded its partnership with Uber Eats in Alberta, Canada, enabling legal cannabis delivery directly to consumers' homes.

Leafly Holdings (LFLY) 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 >

LFLY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 07, 2025	2025 (Q2)	-0.53 / -	-0.55	―	―	―
May 15, 2025	2025 (Q1)	- / -	-1.09	―	―	―
Apr 02, 2025	2024 (Q4)	-0.68 / -0.59	-1.09	45.87% (+0.50)	―	―
Nov 07, 2024	2024 (Q3)	-0.78 / -0.46	-1.1	58.18% (+0.64)	―	―
Aug 08, 2024	2024 (Q2)	-1.11 / -0.55	-0.8	31.25% (+0.25)	―
May 09, 2024	2024 (Q1)	-0.81 / -1.09	-2.8	61.07% (+1.71)	―
Mar 28, 2024	2023 (Q4)	-1.47 / -0.22	-3.4	93.53% (+3.18)	―
Nov 09, 2023	2023 (Q3)	-1.05 / -1.10	7.152	-115.38% (-8.25)
Aug 10, 2023	2023 (Q2)	-2.15 / -0.80	-4.208	80.99% (+3.41)
May 11, 2023	2023 (Q1)	-3.33 / -2.80	-10.4	73.08% (+7.60)

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

LFLY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 15, 2025	$0.23	$0.23	0.00%
Apr 02, 2025	$0.18	$0.28	+55.56%
Nov 07, 2024	$1.49	$1.47	-1.34%
Aug 08, 2024	$2.16	$2.05	-5.09%

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 Leafly Holdings, Inc. (LFLY) report earnings?

Leafly Holdings, Inc. (LFLY) is schdueled to report earning on Aug 07, 2025, After Close (Confirmed).

What is Leafly Holdings, Inc. (LFLY) earnings time?

Leafly Holdings, Inc. (LFLY) earnings time is at Aug 07, 2025, After Close (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 LFLY EPS forecast?

LFLY EPS forecast for the fiscal quarter 2025 (Q2) is -0.53.

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