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Anteris Technologies Global (AVR) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 12, 2025

Anteris Technologies Global (AVR) reported revenue of $429K for the third quarter 2025 (Q3 2025), -44% from a year earlier and -31% from the quarter before.

Revenue$429K
Year over year-44%
Quarter over quarter-31%
Operating margin—
Net earnings−$22.2M

Anteris Technologies Global, Q3 2025: revenue $429K (-44% year over year), net loss $22.2M, operating cash flow −$18.3M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$429K-31%-44%
Operating profit−$22.3M——
Net earnings−$22.2M——
Operating cash flow−$18.3M——

What changed

Revenue was $429K in Q3 2025, down 44% year over year and down 31% from the previous quarter.

Operating costs exceeded revenue by $22.3M, an operating margin of -5190.0%. Total costs grew 6% against a revenue fall of 44%. The fastest-growing cost line was Research & development (+21%). The quarter ended with a net loss of $22.2M, wider than the previous quarter's $21.1M loss.

Operating cash flow was −$18.3M. Non-cash charges added back $417K of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $772K exceeded it, leaving free cash flow of −$19.0M.

Questions

What was Anteris Technologies Global's revenue in the third quarter 2025?

Anteris Technologies Global (AVR) reported revenue of $429K for the third quarter 2025 (Q3 2025), -44% from a year earlier and -31% from the quarter before.

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Source: Anteris Technologies Global 10-Q on SEC EDGAR.