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Claritev (CTEV) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 26, 2026

Claritev (CTEV) reported revenue of $247M for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +0.2% from the quarter before. Operating margin was -3.1%, net loss $80.6M (32.7% of revenue).

Revenue$247M
Year over year+6%
Quarter over quarter+0.2%
Operating margin-3.1%
Net earnings−$80.6M

Claritev, Q4 2025: revenue $247M (+6% year over year), operating margin -3.1%, net loss $80.6M, operating cash flow $66.3M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$247M+0.2%+6%
Operating profit−$7.6M-176%—
Net earnings−$80.6M——
Operating cash flow$66.3M+234%—
Free cash flow$36.4M——

What changed

Revenue was $246.6M in Q4 2025, up 6% year over year and roughly flat from the previous quarter.

Operating costs exceeded revenue by $7.6M, an operating margin of -3.1%. Total costs fell 7% while revenue rose 6%. The fastest-growing cost line was General & admin (+28%). The quarter ended with a net loss of $80.6M, wider than the previous quarter's $69.8M loss. Net interest and other expense of $99.3M was the main reason.

Operating cash flow was $66.3M. Non-cash charges added back $111.7M of depreciation and amortization and $7.8M of share-based compensation. Working capital and other items added $27.3M. After purchases of property and equipment ($29.9M), free cash flow as the company reports it was $36.4M.

Questions

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

Claritev (CTEV) reported revenue of $247M for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +0.2% from the quarter before.

Was Claritev profitable in the fourth quarter 2025?

Operating loss was $7.6M (-3.1% of revenue) and net loss $80.6M.

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Source: Claritev 10-K on SEC EDGAR.