Filing Flows › Claritev (CTEV) › Q3 2025
Claritev (CTEV) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Claritev (CTEV) reported revenue of $246M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +2% from the quarter before. Operating margin was 4.1%, net loss $69.8M (28.4% of revenue).
Claritev, Q3 2025: revenue $246M (+7% year over year), operating margin 4.1%, net loss $69.8M, operating cash flow $19.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $246M | +2% | +7% |
| Operating profit | $10.1M | -39% | — |
| Net earnings | −$69.8M | — | — |
| Operating cash flow | $19.9M | -68% | -73% |
What changed
Revenue was $246.0M in Q3 2025, up 7% year over year and up 2% from the previous quarter. Analytics-Based Services was the largest line at 67% of revenue. Network-Based Services added $6.8M year over year (up 15%), 44% of the total change.
Operating profit was $10.1M, a 4.1% margin (up 150.8 points year over year). Total costs fell 59% while revenue rose 7%. The fastest-growing cost line was General & admin (+64%). The quarter ended with a net loss of $69.8M, wider than the previous quarter's $62.6M loss. Net interest and other expense of $103.4M was the main reason.
Operating cash flow was $19.9M (down 73% year over year). Non-cash charges added back $111.9M of depreciation and amortization and $7.0M of share-based compensation. Working capital and other items used $29.3M. Capital expenditures of $36.2M exceeded it, leaving free cash flow of −$16.3M.
Questions
What was Claritev's revenue in the third quarter 2025?
Claritev (CTEV) reported revenue of $246M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +2% from the quarter before.
Was Claritev profitable in the third quarter 2025?
Operating profit was $10.1M (4.1% of revenue) and net loss $69.8M.
Source: Claritev 10-Q on SEC EDGAR.