Filing Flows › DSwiss (DQWS) › Q3 2025
DSwiss (DQWS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
DSwiss (DQWS) reported revenue of $442K for the third quarter 2025 (Q3 2025), -57% from a year earlier and -57% from the quarter before. Operating margin was -0.1%, net loss $98K (22.2% of revenue).
DSwiss, Q3 2025: revenue $442K (-57% year over year), operating margin -0.1%, net loss $98K, operating cash flow −$167K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $442K | -57% | -57% |
| Operating profit | −$355 | — | — |
| Net earnings | −$98K | -405% | — |
| Operating cash flow | −$167K | -172% | — |
What changed
Revenue was $442K in Q3 2025, down 57% year over year and down 57% from the previous quarter.
Gross margin was 13.3%, up 2.2 points from a year earlier. Operating costs exceeded revenue by $0K, an operating margin of -0.1%. Operating expenses fell 48% while revenue fell 57%. The quarter ended with a net loss of $98K, after a profit of $32K the previous quarter. Net interest and other expense of $90K was the main reason.
Operating cash flow was −$167K. Non-cash charges added back $19K of depreciation and amortization. Working capital and other items used $88K. Capital expenditures of $36K exceeded it, leaving free cash flow of −$203K.
Questions
What was DSwiss' revenue in the third quarter 2025?
DSwiss (DQWS) reported revenue of $442K for the third quarter 2025 (Q3 2025), -57% from a year earlier and -57% from the quarter before.
Was DSwiss profitable in the third quarter 2025?
Operating loss was $355 (-0.1% of revenue) and net loss $98K.
Source: DSwiss 10-Q on SEC EDGAR.