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AleAnna (ANNA) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 12, 2025

AleAnna (ANNA) reported revenue of $11.2M for the third quarter 2025 (Q3 2025), up 17-fold from a year earlier and +179% from the quarter before. Operating margin was 51.0%, net earnings $3.3M (29.5% of revenue).

Revenue$11.2M
Year over year17×
Quarter over quarter+179%
Operating margin51.0%
Net earnings$3.3M

AleAnna, Q3 2025: revenue $11.2M (17× year over year), operating margin 51.0%, net earnings $3.3M, operating cash flow $9.0M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$11.2M+179%17×
Operating profit$5.7M+882%—
Net earnings$3.3M+850%—
Operating cash flow$9.0M——

What changed

Revenue was $11.2M in Q3 2025, up 1631% year over year and up 179% from the previous quarter. Conventional was the largest line at 94% of revenue.

Operating profit was $5.7M, a 51.0% margin (up 278.1 points year over year). Total costs grew 159% against revenue growth of 1631%. The fastest-growing cost line was Other operating costs (+450%). Net earnings were $3.3M. The effective tax rate was 9.5%.

Operating cash flow was $9.0M, 169% of net income including minority interests. Non-cash charges added back $583K of depreciation. Working capital and other items added $3.1M.

Questions

What was AleAnna's revenue in the third quarter 2025?

AleAnna (ANNA) reported revenue of $11.2M for the third quarter 2025 (Q3 2025), up 17-fold from a year earlier and +179% from the quarter before.

Was AleAnna profitable in the third quarter 2025?

Operating profit was $5.7M (51.0% of revenue) and net earnings $3.3M.

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Source: AleAnna 10-Q on SEC EDGAR.