Filing Flows › Cirtran (CIRX) › Q3 2025
Cirtran (CIRX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 20, 2025
Cirtran (CIRX) reported revenue of $448K for the third quarter 2025 (Q3 2025), +75% from a year earlier and +166% from the quarter before. Operating margin was -37.1%, net loss $420K (93.6% of revenue).
Cirtran, Q3 2025: revenue $448K (+75% year over year), operating margin -37.1%, net loss $420K, operating cash flow −$405K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $448K | +166% | +75% |
| Operating profit | −$167K | — | — |
| Net earnings | −$420K | — | — |
| Operating cash flow | −$405K | — | — |
What changed
Revenue was $448K in Q3 2025, up 75% year over year and up 166% from the previous quarter.
Gross margin was 39.6%, down 9.6 points from a year earlier. Operating costs exceeded revenue by $167K, an operating margin of -37.1%. Operating expenses fell 1% while revenue rose 75%. The fastest-growing cost line was Other operating costs (+10%). The quarter ended with a net loss of $420K, narrower than the previous quarter's $563K loss. Net interest and other expense of $288K was the main reason.
Operating cash flow was −$405K. Non-cash charges added back $0K of depreciation.
Questions
What was Cirtran's revenue in the third quarter 2025?
Cirtran (CIRX) reported revenue of $448K for the third quarter 2025 (Q3 2025), +75% from a year earlier and +166% from the quarter before.
Was Cirtran profitable in the third quarter 2025?
Operating loss was $167K (-37.1% of revenue) and net loss $420K.
Source: Cirtran 10-Q on SEC EDGAR.