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Pmgc Holdings (ELAB) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 30, 2026

Pmgc Holdings (ELAB) reported revenue of $304K for the fourth quarter 2025 (Q4 2025) and +6% from the quarter before. Operating margin was -980.7%, net loss $3.0M (980.7% of revenue).

Revenue$304K
Year over year—
Quarter over quarter+6%
Operating margin-980.7%
Net earnings−$3.0M

Pmgc Holdings, Q4 2025: revenue $304K, operating margin -980.7%, net loss $3.0M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$304K+6%—
Operating profit−$3.0M——
Net earnings−$3.0M——
Operating cash flow−$1.8M——

What changed

Revenue was $304K in Q4 2025, up 6% from the previous quarter.

Gross margin was 35.3%. Operating costs exceeded revenue by $3.0M, an operating margin of -980.7%. The quarter ended with a net loss of $3.0M, wider than the previous quarter's $2.6M loss.

Operating cash flow was −$1.8M. Non-cash charges added back $60K of depreciation and $11K of share-based compensation. Working capital and other items added $1.2M. Capital expenditures of $347K exceeded it, leaving free cash flow of −$2.1M.

Questions

What was Pmgc Holdings' revenue in the fourth quarter 2025?

Pmgc Holdings (ELAB) reported revenue of $304K for the fourth quarter 2025 (Q4 2025) and +6% from the quarter before.

Was Pmgc Holdings profitable in the fourth quarter 2025?

Operating loss was $3.0M (-980.7% of revenue) and net loss $3.0M.

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Source: Pmgc Holdings 10-K on SEC EDGAR.