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Cheetah Net Supply Chain Service (CTNT) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 20, 2026

Cheetah Net Supply Chain Service (CTNT) reported revenue of $93K for the fourth quarter 2025 (Q4 2025), -59% from a year earlier and -74% from the quarter before.

Revenue$93K
Year over year-59%
Quarter over quarter-74%
Operating margin—
Net earnings−$1.1M

Cheetah Net Supply Chain Service, Q4 2025: revenue $93K (-59% year over year), net loss $1.1M, operating cash flow −$736K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$93K-74%-59%
Operating profit−$1.3M——
Net earnings−$1.1M——
Operating cash flow−$736K——

What changed

Revenue was $93K in Q4 2025, down 59% year over year and down 74% from the previous quarter.

Gross margin was 33.9%, up 4.3 points from Q4 2024. Operating costs exceeded revenue by $1.3M, an operating margin of -1374.5%. Operating expenses grew 42% against a revenue fall of 59%. The fastest-growing cost line was Other operating costs (+1717%). The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $1.3M loss.

Operating cash flow was −$736K. Non-cash charges added back $33K of depreciation and amortization and $285K of share-based compensation.

Questions

What was Cheetah Net Supply Chain Service's revenue in the fourth quarter 2025?

Cheetah Net Supply Chain Service (CTNT) reported revenue of $93K for the fourth quarter 2025 (Q4 2025), -59% from a year earlier and -74% from the quarter before.

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Source: Cheetah Net Supply Chain Service 10-K on SEC EDGAR.