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DHI Group (DHX) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 10, 2025

DHI Group (DHX) reported revenue of $32.1M for the third quarter 2025 (Q3 2025), -9% from a year earlier and +0.3% from the quarter before. Operating margin was -14.0%, net loss $4.3M (13.3% of revenue).

Revenue$32.1M
Year over year-9%
Quarter over quarter+0.3%
Operating margin-14.0%
Net earnings−$4.3M

DHI Group, Q3 2025: revenue $32.1M (-9% year over year), operating margin -14.0%, net loss $4.3M, operating cash flow $4.8M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$32.1M+0.3%-9%
Operating profit−$4.5M——
Net earnings−$4.3M——
Operating cash flow$4.8M-31%-14%
Free cash flow$3.2M-35%+38%

What changed

Revenue was $32.1M in Q3 2025, down 9% year over year and roughly flat from the previous quarter.

Operating costs exceeded revenue by $4.5M, an operating margin of -14.0%. Total costs grew 6% against a revenue fall of 9%. The fastest-growing cost line was Other operating costs (+132%). The quarter ended with a net loss of $4.3M, wider than the previous quarter's $841K loss.

Operating cash flow was $4.8M (down 14% year over year). Non-cash charges added back $3.4M of depreciation and $1.3M of share-based compensation. Working capital and other items added $4.4M. Capital expenditures of $1.6M left free cash flow of $3.2M.

Questions

What was DHI Group's revenue in the third quarter 2025?

DHI Group (DHX) reported revenue of $32.1M for the third quarter 2025 (Q3 2025), -9% from a year earlier and +0.3% from the quarter before.

Was DHI Group profitable in the third quarter 2025?

Operating loss was $4.5M (-14.0% of revenue) and net loss $4.3M.

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Source: DHI Group 10-Q on SEC EDGAR.