Filing Flows › ConnectM Technology Solutions (CNTM) › Q3 2025
ConnectM Technology Solutions (CNTM) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 17, 2025
ConnectM Technology Solutions (CNTM) reported revenue of $8.7M for the third quarter 2025 (Q3 2025), +45% from a year earlier and +10% from the quarter before. Operating margin was -32.3%, net loss $993K (11.4% of revenue).
ConnectM Technology Solutions, Q3 2025: revenue $8.7M (+45% year over year), operating margin -32.3%, net loss $993K, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.7M | +10% | +45% |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$993K | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $8.7M in Q3 2025, up 45% year over year and up 10% from the previous quarter.
Gross margin was 33.0%, up 3.0 points from a year earlier. Operating costs exceeded revenue by $2.8M, an operating margin of -32.3%. Operating expenses grew 31% against revenue growth of 45%. The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $4.7M loss. Non-operating items added $1.8M, -184% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.5M. Non-cash charges added back $446K of depreciation and amortization and $32K of share-based compensation. Working capital and other items used $2.0M. Capital expenditures of $3K exceeded it, leaving free cash flow of −$2.5M.
Questions
What was ConnectM Technology Solutions' revenue in the third quarter 2025?
ConnectM Technology Solutions (CNTM) reported revenue of $8.7M for the third quarter 2025 (Q3 2025), +45% from a year earlier and +10% from the quarter before.
Was ConnectM Technology Solutions profitable in the third quarter 2025?
Operating loss was $2.8M (-32.3% of revenue) and net loss $993K.