Filing Flows › Data Storage (DTST) › Q3 2025
Data Storage (DTST) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 19, 2025
Data Storage (DTST) reported revenue of $417K for the third quarter 2025 (Q3 2025), +28% from a year earlier and -92% from the quarter before. Operating margin was -263.5%.
Data Storage, Q3 2025: revenue $417K (+28% year over year), operating margin -263.5%, net earnings $16.1M, operating cash flow $172K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $417K | -92% | +28% |
| Operating profit | −$1.1M | — | — |
| Net earnings | $16.1M | — | — |
| Operating cash flow | $172K | -54% | -13% |
What changed
Revenue was $417K in Q3 2025, up 28% year over year and down 92% from the previous quarter.
Gross margin was 47.6%, up 3.2 points from a year earlier. Operating costs exceeded revenue by $1.1M, an operating margin of -263.5%. Operating expenses grew 32% against revenue growth of 28%. Net earnings were $16.8M, up 13483% year over year ($16.1M including minority interests, which bore $706K of losses). The effective tax rate was -6.9%. Non-operating items added $16.1M, 107% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $172K (down 13% year over year), 1% of net income including minority interests. Non-cash charges added back $367K of share-based compensation. Working capital and other items used $16.3M. Capital expenditures of −$479K left free cash flow of $650K.
Questions
What was Data Storage's revenue in the third quarter 2025?
Data Storage (DTST) reported revenue of $417K for the third quarter 2025 (Q3 2025), +28% from a year earlier and -92% from the quarter before.
Was Data Storage profitable in the third quarter 2025?
Operating loss was $1.1M (-263.5% of revenue) and net earnings $16.1M.
Source: Data Storage 10-Q on SEC EDGAR.