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Firefly Neuroscience (AIFF) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 31, 2026

Firefly Neuroscience (AIFF) reported revenue of $412K for the fourth quarter 2025 (Q4 2025), +677% from a year earlier and +6% from the quarter before. Operating margin was -607.0%, net loss $2.5M (601.9% of revenue).

Revenue$412K
Year over year+677%
Quarter over quarter+6%
Operating margin-607.0%
Net earnings−$2.5M

Firefly Neuroscience, Q4 2025: revenue $412K (+677% year over year), operating margin -607.0%, net loss $2.5M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$412K+6%+677%
Operating profit−$2.5M——
Net earnings−$2.5M——
Operating cash flow−$1.8M——

What changed

Revenue was $412K in Q4 2025, up 677% year over year and up 6% from the previous quarter.

Gross margin was 44.2%, down 55.8 points from Q4 2024. Operating costs exceeded revenue by $2.5M, an operating margin of -607.0%. Operating expenses fell 23% while revenue rose 677%. The quarter ended with a net loss of $2.5M, narrower than the previous quarter's $2.6M loss.

Operating cash flow was −$1.8M. Non-cash charges added back $52K of depreciation and amortization and $210K of share-based compensation. Working capital and other items added $413K. Capital expenditures of $23K exceeded it, leaving free cash flow of −$1.8M.

Questions

What was Firefly Neuroscience's revenue in the fourth quarter 2025?

Firefly Neuroscience (AIFF) reported revenue of $412K for the fourth quarter 2025 (Q4 2025), +677% from a year earlier and +6% from the quarter before.

Was Firefly Neuroscience profitable in the fourth quarter 2025?

Operating loss was $2.5M (-607.0% of revenue) and net loss $2.5M.

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Source: Firefly Neuroscience 10-K on SEC EDGAR.