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Creative Media & Community Trust (CMCT) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 14, 2025

Creative Media & Community Trust (CMCT) reported revenue of $26.2M for the third quarter 2025 (Q3 2025), -8% from a year earlier and -12% from the quarter before. Operating margin was -47.6%, net loss $12.6M (48.0% of revenue).

Revenue$26.2M
Year over year-8%
Quarter over quarter-12%
Operating margin-47.6%
Net earnings−$12.6M

Creative Media & Community Trust, Q3 2025: revenue $26.2M (-8% year over year), operating margin -47.6%, net loss $12.6M, operating cash flow $3.7M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$26.2M-12%-8%
Operating profit−$12.5M——
Net earnings−$12.6M——
Operating cash flow$3.7M—-64%
Free cash flow$826K—-39%

What changed

Revenue was $26.2M in Q3 2025, down 8% year over year and down 12% from the previous quarter.

Operating costs exceeded revenue by $12.5M, an operating margin of -47.6%. Total costs grew 2% against a revenue fall of 8%. The quarter ended with a net loss of $12.6M, wider than the previous quarter's $9.2M loss. Minority interests bore $131K of it: to shareholders the quarter was a loss of $12.5M.

Operating cash flow was $3.7M (down 64% year over year). Non-cash charges added back $7.4M of depreciation and amortization and $55K of share-based compensation. Working capital and other items added $8.9M. Capital expenditures of $2.9M left free cash flow of $826K.

Questions

What was Creative Media & Community Trust's revenue in the third quarter 2025?

Creative Media & Community Trust (CMCT) reported revenue of $26.2M for the third quarter 2025 (Q3 2025), -8% from a year earlier and -12% from the quarter before.

Was Creative Media & Community Trust profitable in the third quarter 2025?

Operating loss was $12.5M (-47.6% of revenue) and net loss $12.6M.

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Source: Creative Media & Community Trust 10-Q on SEC EDGAR.