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Biofrontera (BFRI) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 19, 2026

Biofrontera (BFRI) reported revenue of $17.1M for the fourth quarter 2025 (Q4 2025), +36% from a year earlier and +145% from the quarter before. Operating margin was 26.7%, net earnings $5.6M (33.0% of revenue).

Revenue$17.1M
Year over year+36%
Quarter over quarter+145%
Operating margin26.7%
Net earnings$5.6M

Biofrontera, Q4 2025: revenue $17.1M (+36% year over year), operating margin 26.7%, net earnings $5.6M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$17.1M+145%+36%
Operating profit$4.6M——
Net earnings$5.6M——
Operating cash flow−$2.4M——

What changed

Revenue was $17.1M in Q4 2025, up 36% year over year and up 145% from the previous quarter.

Operating profit was $4.6M, a 26.7% margin (up 40.3 points year over year). Total costs fell 12% while revenue rose 36%. Net earnings were $5.6M. The effective tax rate was 0.0%.

Operating cash flow was −$2.4M. Non-cash charges added back $36K of depreciation and $289K of share-based compensation. Working capital and other items used $8.3M. Capital expenditures of −$1K exceeded it, leaving free cash flow of −$2.4M.

Questions

What was Biofrontera's revenue in the fourth quarter 2025?

Biofrontera (BFRI) reported revenue of $17.1M for the fourth quarter 2025 (Q4 2025), +36% from a year earlier and +145% from the quarter before.

Was Biofrontera profitable in the fourth quarter 2025?

Operating profit was $4.6M (26.7% of revenue) and net earnings $5.6M.

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Source: Biofrontera 10-K on SEC EDGAR.