Filing Flows › CIRCLE8 Group (CIRC) › Q3 2025
CIRCLE8 Group (CIRC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
CIRCLE8 Group (CIRC) reported revenue of $110M for the third quarter 2025 (Q3 2025), +2% from a year earlier and +7% from the quarter before. Operating margin was -7.9%, net loss $10.8M (9.8% of revenue).
CIRCLE8 Group, Q3 2025: revenue $110M (+2% year over year), operating margin -7.9%, net loss $10.8M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $110M | +7% | +2% |
| Operating profit | −$8.7M | — | — |
| Net earnings | −$10.8M | — | — |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $110.1M in Q3 2025, up 2% year over year and up 7% from the previous quarter. Temporary placement services was the largest line at 99% of revenue. Temporary placement services added $2.0M year over year (up 2%), 88% of the total change.
Gross margin was 11.3%, up 0.2 points from a year earlier. Operating costs exceeded revenue by $8.7M, an operating margin of -7.9%. Operating expenses grew 15% against revenue growth of 2%. The fastest-growing cost line was SG&A (+16%). The quarter ended with a net loss of $10.8M, wider than the previous quarter's $10.7M loss.
Operating cash flow was −$1.3M. Non-cash charges added back $1.2M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items added $1.6M. Capital expenditures of $14K exceeded it, leaving free cash flow of −$1.3M.
Questions
What was CIRCLE8 Group's revenue in the third quarter 2025?
CIRCLE8 Group (CIRC) reported revenue of $110M for the third quarter 2025 (Q3 2025), +2% from a year earlier and +7% from the quarter before.
Was CIRCLE8 Group profitable in the third quarter 2025?
Operating loss was $8.7M (-7.9% of revenue) and net loss $10.8M.
Source: CIRCLE8 Group 10-Q on SEC EDGAR.