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Dare Bioscience (DARE) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Dare Bioscience (DARE) reported revenue of $2K for the third quarter 2025 (Q3 2025), -95% from a year earlier.

Revenue$2K
Year over year-95%
Quarter over quarter—
Operating margin—
Net earnings−$3.6M

Dare Bioscience, Q3 2025: revenue $2K (-95% year over year), net loss $3.6M, operating cash flow −$442K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$2K—-95%
Operating profit−$3.7M——
Net earnings−$3.6M——
Operating cash flow−$442K——

What changed

Revenue was $2K in Q3 2025, down 95% year over year.

Operating costs exceeded revenue by $3.7M, an operating margin of -162340.8%. Total costs fell 22% while revenue fell 95%. The fastest-growing cost line was General & admin (+22%). The quarter ended with a net loss of $3.6M.

Operating cash flow was −$442K. Non-cash charges added back $470K of depreciation and amortization and $403K of share-based compensation. Working capital and other items added $2.2M. Capital expenditures of $175K exceeded it, leaving free cash flow of −$617K.

Questions

What was Dare Bioscience's revenue in the third quarter 2025?

Dare Bioscience (DARE) reported revenue of $2K for the third quarter 2025 (Q3 2025), -95% from a year earlier.

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Source: Dare Bioscience 10-Q on SEC EDGAR.