Filing Flows › Firefly Neuroscience (AIFF) › Q3 2025
Firefly Neuroscience (AIFF) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Firefly Neuroscience (AIFF) reported revenue of $388K for the third quarter 2025 (Q3 2025), up 12-fold from a year earlier and +30% from the quarter before. Operating margin was -684.5%, net loss $2.6M (680.2% of revenue).
Firefly Neuroscience, Q3 2025: revenue $388K (12× year over year), operating margin -684.5%, net loss $2.6M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $388K | +30% | 12× |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $388K in Q3 2025, up 1076% year over year and up 30% from the previous quarter. Service was the largest line at 89% of revenue. Service added $324K year over year (up 1543%), 91% of the total change.
Gross margin was 37.6%, down 62.4 points from a year earlier. Operating costs exceeded revenue by $2.7M, an operating margin of -684.5%. Operating expenses fell 35% while revenue rose 1076%. The quarter ended with a net loss of $2.6M, wider than the previous quarter's $1.8M loss.
Operating cash flow was −$1.5M. Non-cash charges added back $58K of depreciation and amortization and $215K of share-based compensation. Working capital and other items added $878K. Capital expenditures of $86K exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Firefly Neuroscience's revenue in the third quarter 2025?
Firefly Neuroscience (AIFF) reported revenue of $388K for the third quarter 2025 (Q3 2025), up 12-fold from a year earlier and +30% from the quarter before.
Was Firefly Neuroscience profitable in the third quarter 2025?
Operating loss was $2.7M (-684.5% of revenue) and net loss $2.6M.