Filing Flows › Elauwit Connection (ELWT) › Q3 2025
Elauwit Connection (ELWT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Dec 10, 2025
Elauwit Connection (ELWT) reported revenue of $4.8M for the third quarter 2025 (Q3 2025), +153% from a year earlier and -10% from the quarter before. Operating margin was -7.4%, net loss $639K (13.4% of revenue).
Elauwit Connection, Q3 2025: revenue $4.8M (+153% year over year), operating margin -7.4%, net loss $639K, operating cash flow $142K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8M | -10% | +153% |
| Operating profit | −$353K | — | — |
| Net earnings | −$639K | — | — |
| Operating cash flow | $142K | +65% | — |
What changed
Revenue was $4.8M in Q3 2025, up 153% year over year and down 10% from the previous quarter.
Gross margin was 29.7%, up 18.3 points from a year earlier. Operating costs exceeded revenue by $353K, an operating margin of -7.4%. Operating expenses grew 62% against revenue growth of 153%. The fastest-growing cost line was Sales & marketing (+80%). The quarter ended with a net loss of $639K, narrower than the previous quarter's $857K loss.
Operating cash flow was $142K. Working capital and other items added $781K.
Questions
What was Elauwit Connection's revenue in the third quarter 2025?
Elauwit Connection (ELWT) reported revenue of $4.8M for the third quarter 2025 (Q3 2025), +153% from a year earlier and -10% from the quarter before.
Was Elauwit Connection profitable in the third quarter 2025?
Operating loss was $353K (-7.4% of revenue) and net loss $639K.
Source: Elauwit Connection 10-Q on SEC EDGAR.