Filing Flows › Clarivate (CLVT) › Q4 2025
Clarivate (CLVT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
Clarivate (CLVT) reported revenue of $617M for the fourth quarter 2025 (Q4 2025), -7% from a year earlier and -1% from the quarter before. Operating margin was 6.7%, net earnings $3.1M (0.5% of revenue).
Clarivate, Q4 2025: revenue $617M (-7% year over year), operating margin 6.7%, net earnings $3.1M, operating cash flow $160M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $617M | -1% | -7% |
| Operating profit | $41.4M | -10% | — |
| Net earnings | $3.1M | — | — |
| Operating cash flow | $160M | -12% | +13% |
| Free cash flow | $89.2M | — | +51% |
What changed
Revenue was $617.0M in Q4 2025, down 7% year over year and down 1% from the previous quarter. Subscription revenues was the largest line at 66% of revenue.
Operating profit was $41.4M, a 6.7% margin (up 16.1 points year over year). Total costs fell 21% while revenue fell 7%. Net earnings were $3.1M.
Operating cash flow was $159.9M (up 13% year over year), 5158% of net earnings. Non-cash charges added back $189.1M of depreciation and amortization and $17.7M of share-based compensation. Working capital and other items used $50.0M. After capital expenditures ($70.7M), free cash flow as the company reports it was $89.2M.
Questions
What was Clarivate's revenue in the fourth quarter 2025?
Clarivate (CLVT) reported revenue of $617M for the fourth quarter 2025 (Q4 2025), -7% from a year earlier and -1% from the quarter before.
Was Clarivate profitable in the fourth quarter 2025?
Operating profit was $41.4M (6.7% of revenue) and net earnings $3.1M.
Source: Clarivate 10-K on SEC EDGAR.