Filing Flows › ZW Data Action Technologies (CNET) › Q4 2025
ZW Data Action Technologies (CNET) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
ZW Data Action Technologies (CNET) reported revenue of $697K for the fourth quarter 2025 (Q4 2025), -69% from a year earlier and -59% from the quarter before. Operating margin was -77.3%, net loss $496K (71.2% of revenue).
ZW Data Action Technologies, Q4 2025: revenue $697K (-69% year over year), operating margin -77.3%, net loss $496K, operating cash flow −$148K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $697K | -59% | -69% |
| Operating profit | −$539K | — | — |
| Net earnings | −$496K | — | — |
| Operating cash flow | −$148K | — | — |
What changed
Revenue was $697K in Q4 2025, down 69% year over year and down 59% from the previous quarter. Online Advertising Placement was the largest line at 88% of revenue.
Gross margin was 6.9%. Operating costs exceeded revenue by $539K, an operating margin of -77.3%. The quarter ended with a net loss of $496K, wider than the previous quarter's $108K loss. Minority interests bore $2K of it: to shareholders the quarter was a loss of $494K.
Operating cash flow was −$148K. Non-cash charges added back $69K of depreciation and amortization. Working capital and other items added $279K.
Questions
What was ZW Data Action Technologies' revenue in the fourth quarter 2025?
ZW Data Action Technologies (CNET) reported revenue of $697K for the fourth quarter 2025 (Q4 2025), -69% from a year earlier and -59% from the quarter before.
Was ZW Data Action Technologies profitable in the fourth quarter 2025?
Operating loss was $539K (-77.3% of revenue) and net loss $496K.