Filing Flows › CapsoVision (CV) › Q3 2025
CapsoVision (CV) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
CapsoVision (CV) reported revenue of $3.5M for the third quarter 2025 (Q3 2025), +19% from a year earlier and +7% from the quarter before. Operating margin was -226.7%, net loss $7.9M (223.9% of revenue).
CapsoVision, Q3 2025: revenue $3.5M (+19% year over year), operating margin -226.7%, net loss $7.9M, operating cash flow −$5.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5M | +7% | +19% |
| Operating profit | −$8.0M | — | — |
| Net earnings | −$7.9M | — | — |
| Operating cash flow | −$5.7M | — | — |
What changed
Revenue was $3.5M in Q3 2025, up 19% year over year and up 7% from the previous quarter.
Gross margin was 54.1%, down 1.8 points from a year earlier. Operating costs exceeded revenue by $8.0M, an operating margin of -226.7%. Operating expenses grew 33% against revenue growth of 19%. The fastest-growing cost line was General & admin (+74%). The quarter ended with a net loss of $7.9M, wider than the previous quarter's $4.6M loss.
Operating cash flow was −$5.7M. Non-cash charges added back $54K of depreciation and amortization and $307K of share-based compensation. Working capital and other items added $1.9M. Capital expenditures of $12K exceeded it, leaving free cash flow of −$5.7M.
Questions
What was CapsoVision's revenue in the third quarter 2025?
CapsoVision (CV) reported revenue of $3.5M for the third quarter 2025 (Q3 2025), +19% from a year earlier and +7% from the quarter before.
Was CapsoVision profitable in the third quarter 2025?
Operating loss was $8.0M (-226.7% of revenue) and net loss $7.9M.
Source: CapsoVision 10-Q on SEC EDGAR.