Urgent.ly Inc. has announced its financial results for the second quarter of 2025, reporting a revenue of $31.7 million, which marks an 8% decrease compared to the same period last year. Despite this decline in revenue, the company saw a significant improvement in its financial performance, with a non-GAAP operating loss of $0.2 million, a 97% improvement from the $6.2 million loss reported in the prior year period. The GAAP operating loss also showed a considerable improvement, at $2.2 million compared to $8.3 million in the previous year, a 74% enhancement. The company achieved a gross profit of $7.9 million, which reflects an 8% increase year over year, and a gross margin of 25%, up from 21% in the prior year period. Urgent.ly also reported a reduction in GAAP operating expenses to $10.1 million, a 36% decrease compared to the previous year, and a 40% improvement in non-GAAP operating expenses to $8.1 million. Operational highlights include the completion of approximately 191,000 dispatches and a consumer satisfaction score of 4.7 out of 5 stars. Urgent.ly launched SPARK, its proprietary AI-powered market analyzer, aimed at enhancing service performance across major urban markets by leveraging real-time and historical data for optimization. The company expressed confidence in its technology leadership and innovation, which it believes are critical to its success, as reflected in significant contract renewals and new customer acquisitions.