Filing Flows › CapsoVision (CV) › Q4 2025
CapsoVision (CV) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 26, 2026
CapsoVision (CV) reported revenue of $3.9M for the fourth quarter 2025 (Q4 2025), +13% from a year earlier and +11% from the quarter before. Operating margin was -190.5%, net loss $7.4M (188.7% of revenue).
CapsoVision, Q4 2025: revenue $3.9M (+14% year over year), operating margin -190.5%, net loss $7.4M, operating cash flow −$7.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | +11% | +13% |
| Operating profit | −$7.5M | — | — |
| Net earnings | −$7.4M | — | — |
| Operating cash flow | −$7.7M | — | — |
What changed
Revenue was $3.9M in Q4 2025, up 13% year over year and up 11% from the previous quarter.
Gross margin was 49.9%, down 0.4 points from a year earlier. Operating costs exceeded revenue by $7.5M, an operating margin of -190.5%. Operating expenses grew 48% against revenue growth of 13%. The fastest-growing cost line was Research & development (+84%). The quarter ended with a net loss of $7.4M, narrower than the previous quarter's $7.9M loss.
Operating cash flow was −$7.7M. Non-cash charges added back $55K of depreciation and amortization and $197K of share-based compensation. Working capital and other items used $544K. Capital expenditures of $8K exceeded it, leaving free cash flow of −$7.7M.
Questions
What was CapsoVision's revenue in the fourth quarter 2025?
CapsoVision (CV) reported revenue of $3.9M for the fourth quarter 2025 (Q4 2025), +13% from a year earlier and +11% from the quarter before.
Was CapsoVision profitable in the fourth quarter 2025?
Operating loss was $7.5M (-190.5% of revenue) and net loss $7.4M.
Source: CapsoVision 10-K on SEC EDGAR.