Filing Flows › Cheetah Net Supply Chain Service (CTNT) › Q3 2025
Cheetah Net Supply Chain Service (CTNT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Cheetah Net Supply Chain Service (CTNT) reported revenue of $362K for the third quarter 2025 (Q3 2025), +491% from a year earlier and +2% from the quarter before. Operating margin was -432.3%, net loss $1.3M (363.2% of revenue).
Cheetah Net Supply Chain Service, Q3 2025: revenue $362K (+491% year over year), operating margin -432.3%, net loss $1.3M, operating cash flow −$600K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $362K | +2% | +491% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | −$600K | — | — |
What changed
Revenue was $362K in Q3 2025, up 491% year over year and up 2% from the previous quarter.
Gross margin was 12.2%, down 36.6 points from a year earlier. Operating costs exceeded revenue by $1.6M, an operating margin of -432.3%. Operating expenses grew 18% against revenue growth of 491%. The fastest-growing cost line was Other operating costs (+233%). The quarter ended with a net loss of $1.3M, wider than the previous quarter's $513K loss. Non-operating items added $263K, -20% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$600K. Non-cash charges added back $38K of depreciation and amortization and $76K of share-based compensation. Working capital and other items added $601K.
Questions
What was Cheetah Net Supply Chain Service's revenue in the third quarter 2025?
Cheetah Net Supply Chain Service (CTNT) reported revenue of $362K for the third quarter 2025 (Q3 2025), +491% from a year earlier and +2% from the quarter before.
Was Cheetah Net Supply Chain Service profitable in the third quarter 2025?
Operating loss was $1.6M (-432.3% of revenue) and net loss $1.3M.