Filing Flows › Cirtran (CIRX) › Q4 2025
Cirtran (CIRX) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 15, 2026
Cirtran (CIRX) reported revenue of $2.0M for the fourth quarter 2025 (Q4 2025), +828% from a year earlier and +357% from the quarter before. Operating margin was 13.3%, net earnings $436K (21.3% of revenue).
Cirtran, Q4 2025: revenue $2.0M (+828% year over year), operating margin 13.3%, net earnings $436K, operating cash flow −$306K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0M | +357% | +828% |
| Gross profit | $1.0M | +467% | +360% |
| Operating profit | $273K | — | — |
| Net earnings | $436K | — | — |
| Operating cash flow | −$306K | — | — |
What changed
Revenue was $2.0M in Q4 2025, up 828% year over year and up 357% from the previous quarter. Tobacco Line was the largest line at 97% of revenue.
Gross margin was 49.2%, down 50.1 points from Q4 2024. Operating profit was $273K, a 13.3% margin (up 98.4 points year over year). Operating expenses grew 80% against revenue growth of 828%. The fastest-growing cost line was SG&A (+128%). Net earnings were $436K. The effective tax rate was 5.4%. Non-operating items added $188K, 41% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$306K. Non-cash charges added back $0K of depreciation. Working capital and other items used $743K.
Questions
What was Cirtran's revenue in the fourth quarter 2025?
Cirtran (CIRX) reported revenue of $2.0M for the fourth quarter 2025 (Q4 2025), +828% from a year earlier and +357% from the quarter before.
Was Cirtran profitable in the fourth quarter 2025?
Operating profit was $273K (13.3% of revenue) and net earnings $436K.
Source: Cirtran 10-K on SEC EDGAR.