Filing Flows › Creative Realities (CREX) › Q4 2025
Creative Realities (CREX) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 15, 2026
Creative Realities (CREX) reported revenue of $23.9M for the fourth quarter 2025 (Q4 2025), +117% from a year earlier and +127% from the quarter before. Operating margin was 1.9%, net loss $2.0M (8.2% of revenue).
Creative Realities, Q4 2025: revenue $23.9M (+117% year over year), operating margin 1.9%, net loss $2.0M, operating cash flow −$6.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.9M | +127% | +117% |
| Operating profit | $457K | — | — |
| Net earnings | −$2.0M | — | — |
| Operating cash flow | −$6.9M | — | — |
What changed
Revenue was $23.9M in Q4 2025, up 117% year over year and up 127% from the previous quarter. Service and Other was the largest line at 72% of revenue.
Gross margin was 47.9%, up 3.7 points from Q4 2024. Operating profit was $457K, a 1.9% margin (up 8.4 points year over year). Operating expenses grew 97% against revenue growth of 117%. The fastest-growing cost line was General & admin (+113%). The quarter ended with a net loss of $2.0M, narrower than the previous quarter's $7.9M loss. Net interest and other expense of $1.2M was the main reason.
Operating cash flow was −$6.9M. Non-cash charges added back $604K of share-based compensation. Working capital and other items used $5.6M. Capital expenditures of $96K exceeded it, leaving free cash flow of −$7.0M.
Questions
What was Creative Realities' revenue in the fourth quarter 2025?
Creative Realities (CREX) reported revenue of $23.9M for the fourth quarter 2025 (Q4 2025), +117% from a year earlier and +127% from the quarter before.
Was Creative Realities profitable in the fourth quarter 2025?
Operating profit was $457K (1.9% of revenue) and net loss $2.0M.
Source: Creative Realities 10-K on SEC EDGAR.