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bioAffinity Technologies (BIAF) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 16, 2026

bioAffinity Technologies (BIAF) reported revenue of $1.6M for the fourth quarter 2025 (Q4 2025), -28% from a year earlier and +10% from the quarter before. Operating margin was -196.9%, net loss $3.1M (197.0% of revenue).

Revenue$1.6M
Year over year-28%
Quarter over quarter+10%
Operating margin-196.9%
Net earnings−$3.1M

bioAffinity Technologies, Q4 2025: revenue $1.6M (-28% year over year), operating margin -196.9%, net loss $3.1M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$1.6M+10%-28%
Operating profit−$3.1M——
Net earnings−$3.1M——
Operating cash flow−$2.6M——

What changed

Revenue was $1.6M in Q4 2025, down 28% year over year and up 10% from the previous quarter. Health Care, Patient Service was the largest line at 81% of revenue.

Operating costs exceeded revenue by $3.1M, an operating margin of -196.9%. Total costs fell 8% while revenue fell 28%. The quarter ended with a net loss of $3.1M, narrower than the previous quarter's $5.1M loss.

Operating cash flow was −$2.6M. Non-cash charges added back $124K of depreciation and amortization and $66K of share-based compensation. Working capital and other items added $388K. Capital expenditures of $0K exceeded it, leaving free cash flow of −$2.6M.

Questions

What was bioAffinity Technologies' revenue in the fourth quarter 2025?

bioAffinity Technologies (BIAF) reported revenue of $1.6M for the fourth quarter 2025 (Q4 2025), -28% from a year earlier and +10% from the quarter before.

Was bioAffinity Technologies profitable in the fourth quarter 2025?

Operating loss was $3.1M (-196.9% of revenue) and net loss $3.1M.

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Source: bioAffinity Technologies 10-K on SEC EDGAR.