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Cannapharmarx (CPMD) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 31, 2026

Cannapharmarx (CPMD) reported revenue of $139K for the fourth quarter 2025 (Q4 2025), -71% from a year earlier and -79% from the quarter before. Operating margin was -644.6%.

Revenue$139K
Year over year-71%
Quarter over quarter-79%
Operating margin-644.6%
Net earnings−$7.5M

Cannapharmarx, Q4 2025: revenue $139K (-71% year over year), operating margin -644.6%, net loss $7.5M, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$139K-79%-71%
Operating profit−$894K——
Net earnings−$7.5M——
Operating cash flow$1.1M——

What changed

Revenue was $139K in Q4 2025, down 71% year over year and down 79% from the previous quarter.

Operating costs exceeded revenue by $894K, an operating margin of -644.6%. Total costs fell 49% while revenue fell 71%. The quarter ended with a net loss of $7.5M, wider than the previous quarter's $1.5M loss. Net interest and other expense of $6.7M was the main reason.

Operating cash flow was $1.1M. Working capital and other items added $8.6M.

Questions

What was Cannapharmarx's revenue in the fourth quarter 2025?

Cannapharmarx (CPMD) reported revenue of $139K for the fourth quarter 2025 (Q4 2025), -71% from a year earlier and -79% from the quarter before.

Was Cannapharmarx profitable in the fourth quarter 2025?

Operating loss was $894K (-644.6% of revenue) and net loss $7.5M.

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Source: Cannapharmarx 10-K on SEC EDGAR.