Filing Flows › Dolphin Entertainment (DLPN) › Q3 2025
Dolphin Entertainment (DLPN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Dolphin Entertainment (DLPN) reported revenue of $14.8M for the third quarter 2025 (Q3 2025), +17% from a year earlier and +5% from the quarter before. Operating margin was 2.1%, net loss $365K (2.5% of revenue).
Dolphin Entertainment, Q3 2025: revenue $14.8M (+17% year over year), operating margin 2.1%, net loss $365K, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.8M | +5% | +17% |
| Operating profit | $308K | — | — |
| Net earnings | −$365K | — | — |
| Operating cash flow | −$2.4M | -260% | — |
What changed
Revenue was $14.8M in Q3 2025, up 17% year over year and up 5% from the previous quarter.
Operating profit was $308K, a 2.1% margin (up 66.4 points year over year). Total costs fell 30% while revenue rose 17%. The fastest-growing cost line was Cost of revenue (+153%). The quarter ended with a net loss of $365K, narrower than the previous quarter's $1.4M loss. Net interest and other expense of $674K was the main reason.
Operating cash flow was −$2.4M. Non-cash charges added back $589K of depreciation and amortization. Working capital and other items used $2.6M. Capital expenditures of $0K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was Dolphin Entertainment's revenue in the third quarter 2025?
Dolphin Entertainment (DLPN) reported revenue of $14.8M for the third quarter 2025 (Q3 2025), +17% from a year earlier and +5% from the quarter before.
Was Dolphin Entertainment profitable in the third quarter 2025?
Operating profit was $308K (2.1% of revenue) and net loss $365K.