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BullFrog AI Holdings (BFRG) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 14, 2025

BullFrog AI Holdings (BFRG) reported revenue of $83K for the third quarter 2025 (Q3 2025) and +151% from the quarter before.

Revenue$83K
Year over year—
Quarter over quarter+151%
Operating margin—
Net earnings−$1.6M

BullFrog AI Holdings, Q3 2025: revenue $83K, net loss $1.6M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$83K+151%—
Operating profit−$1.6M——
Net earnings−$1.6M——
Operating cash flow−$1.1M——

What changed

Revenue was $83K in Q3 2025, up 151% from the previous quarter.

Gross margin was 18.4%. Operating costs exceeded revenue by $1.6M, an operating margin of -1881.8%. The quarter ended with a net loss of $1.6M, wider than the previous quarter's $1.4M loss.

Operating cash flow was −$1.1M. Non-cash charges added back $0K of depreciation and $378K of share-based compensation. Working capital and other items added $66K.

Questions

What was BullFrog AI Holdings' revenue in the third quarter 2025?

BullFrog AI Holdings (BFRG) reported revenue of $83K for the third quarter 2025 (Q3 2025) and +151% from the quarter before.

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Source: BullFrog AI Holdings 10-Q on SEC EDGAR.