Jamf Holding 2025 Q2 Earnings Net Loss Widens Despite Revenue Growth

Jamf Holding (JAMF) reported its fiscal 2025 Q2 earnings on August 8, 2025. The company delivered revenue growth but recorded a wider-than-expected net loss, with a revised outlook signaling long-term ambitions. Despite underperforming in the post-earnings period, management emphasized strategic reinvestment to drive future efficiency and expansion.

Jamf Holding’s total revenue for Q2 2025 increased by 15.3% year-over-year to $176.50 million, outperforming expectations and driven by robust performance in its Subscription segment. Subscription revenue alone accounted for $172.76 million of the total, while Services revenue contributed $3.73 million and License revenue stood at $3,000. No amortization expenses were recorded in the quarter, further highlighting the company’s subscription-centric business model.

Despite the strong revenue performance, Jamf Holding’s net loss widened to $20.88 million, or $0.16 per share, representing an 8.4% increase in losses compared to the $19.26 million loss in Q2 2024. The per-share loss also worsened by 6.7% year-over-year, indicating ongoing challenges in achieving profitability despite growing top-line results.

The stock price of Jamf Holding remained under pressure following the earnings release. Shares rose 0.96% on the day of the report but fell 7.68% in the subsequent week and dropped 19.45% month-to-date. A backtested investment strategy of buying the stock on the earnings release date and holding for 30 days performed poorly, with a CAGR of -30.94% and an excess return of -112.93%. The strategy also exhibited a maximum drawdown of 0.00% and a Sharpe ratio of -0.71, highlighting its high-risk nature.

Jamf Holding CEO John Strosahl emphasized the strong Q2 results, which exceeded the company’s initial revenue and profitability guidance. He outlined a strategic reinvestment plan aimed at enhancing go-to-market capabilities and expanding AI-driven functionalities, with a focus on long-term growth and operational efficiency. Strosahl expressed confidence in these initiatives to create value for shareholders.

For Q3 2025, the company expects total revenue in the range of $176.0 to $178.0 million, with non-GAAP operating income projected between $41.5 and $42.5 million. For the full year, Jamf Holding raised its revenue outlook to $701.0 to $704.0 million, alongside non-GAAP operating income of $153.5 to $155.5 million. The company also anticipates at least 75% year-over-year growth in unlevered free cash flow. Amortization and stock-based compensation expenses are expected to total approximately $13.0 million and $26.3 million in Q3 2025, and $48.0 million and $105.0 million for the full year.

Additional News
In Nigeria, the Punch newspaper reported on several non-earnings related developments around August 8, 2025. Notably, political discussions included ADC factions criticizing party leadership, while in business, Stanbic IBTC’s savings promotion awarded N23 million to 148 customers. Meanwhile, security concerns persisted with the arrest of a ritualist in Akwa Ibom and ongoing ransom demands for an Ondo varsity worker. In entertainment, Tiwa Savage reflected on past relationships, and BBNaija contestants sparked fan excitement with matching tattoos.