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Cibus (CBUS) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Cibus (CBUS) reported revenue of $615K for the third quarter 2025 (Q3 2025), -63% from a year earlier and -34% from the quarter before.

Revenue$615K
Year over year-63%
Quarter over quarter-34%
Operating margin—
Net earnings−$24.3M

Cibus, Q3 2025: revenue $615K (-63% year over year), net loss $24.3M, operating cash flow −$11.7M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$615K-34%-63%
Operating profit−$15.4M——
Net earnings−$24.3M——
Operating cash flow−$11.7M——

What changed

Revenue was $615K in Q3 2025, down 63% year over year and down 34% from the previous quarter.

Operating costs exceeded revenue by $15.4M, an operating margin of -2510.2%. Total costs fell 92% while revenue fell 63%. The quarter ended with a net loss of $24.3M, narrower than the previous quarter's $26.6M loss. Minority interests bore $762K of it: to shareholders the quarter was a loss of $23.5M.

Operating cash flow was −$11.7M. Non-cash charges added back $1.4M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $9.3M. Capital expenditures of $108K exceeded it, leaving free cash flow of −$11.8M.

Questions

What was Cibus' revenue in the third quarter 2025?

Cibus (CBUS) reported revenue of $615K for the third quarter 2025 (Q3 2025), -63% from a year earlier and -34% from the quarter before.

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Source: Cibus 10-Q on SEC EDGAR.