Filing Flows › Charlie's Holdings (CHUC) › Q3 2025
Charlie's Holdings (CHUC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 19, 2025
Charlie's Holdings (CHUC) reported revenue of $7.1M for the third quarter 2025 (Q3 2025), +336% from a year earlier and +178% from the quarter before. Operating margin was -4.8%, net earnings $624K (8.8% of revenue).
Charlie's Holdings, Q3 2025: revenue $7.1M (+336% year over year), operating margin -4.8%, net earnings $624K, operating cash flow −$12.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.1M | +178% | +336% |
| Operating profit | −$339K | — | — |
| Net earnings | $624K | -87% | — |
| Operating cash flow | −$12.3M | — | — |
What changed
Revenue was $7.1M in Q3 2025, up 336% year over year and up 178% from the previous quarter.
Gross margin was 24.9%, down 13.9 points from a year earlier. Operating costs exceeded revenue by $339K, an operating margin of -4.8%. Operating expenses grew 40% against revenue growth of 336%. Net earnings were $624K. The effective tax rate was 0.0%. Non-operating items added $1.0M, 154% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$12.3M. Non-cash charges added back $8K of depreciation and amortization and $55K of share-based compensation. Working capital and other items used $13.0M.
Questions
What was Charlie's Holdings' revenue in the third quarter 2025?
Charlie's Holdings (CHUC) reported revenue of $7.1M for the third quarter 2025 (Q3 2025), +336% from a year earlier and +178% from the quarter before.
Was Charlie's Holdings profitable in the third quarter 2025?
Operating loss was $339K (-4.8% of revenue) and net earnings $624K.
Source: Charlie's Holdings 10-Q on SEC EDGAR.