Filing Flows › Pmgc Holdings (ELAB) › Q3 2025
Pmgc Holdings (ELAB) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Pmgc Holdings (ELAB) reported revenue of $286K for the third quarter 2025 (Q3 2025), -46% from a year earlier. Operating margin was -769.0%, net loss $2.6M (907.3% of revenue).
Pmgc Holdings, Q3 2025: revenue $286K (-46% year over year), operating margin -769.0%, net loss $2.6M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $286K | — | -46% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $286K in Q3 2025, down 46% year over year.
Gross margin was 27.3%, down 47.4 points from a year earlier. Operating costs exceeded revenue by $2.2M, an operating margin of -769.0%. Operating expenses grew 123% against a revenue fall of 46%. The fastest-growing cost line was Sales & marketing (+473%). The quarter ended with a net loss of $2.6M.
Operating cash flow was −$1.5M. Non-cash charges added back $35K of depreciation and $13K of share-based compensation. Working capital and other items added $1.1M.
Questions
What was Pmgc Holdings' revenue in the third quarter 2025?
Pmgc Holdings (ELAB) reported revenue of $286K for the third quarter 2025 (Q3 2025), -46% from a year earlier.
Was Pmgc Holdings profitable in the third quarter 2025?
Operating loss was $2.2M (-769.0% of revenue) and net loss $2.6M.
Source: Pmgc Holdings 10-Q on SEC EDGAR.