Filing Flows › Empery Digital (EMPD) › Q3 2025
Empery Digital (EMPD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Empery Digital (EMPD) reported revenue of $198K for the third quarter 2025 (Q3 2025), -82% from a year earlier and -72% from the quarter before.
Empery Digital, Q3 2025: revenue $198K (-82% year over year), net loss $34.6M, operating cash flow −$7.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $198K | -72% | -82% |
| Operating profit | −$34.5M | — | — |
| Net earnings | −$34.6M | — | — |
| Operating cash flow | −$7.6M | — | — |
What changed
Revenue was $198K in Q3 2025, down 82% year over year and down 72% from the previous quarter.
Operating costs exceeded revenue by $34.5M, an operating margin of -17388.6%. Total costs grew 163% against a revenue fall of 82%. The fastest-growing cost line was Other operating costs (+2604%). The quarter ended with a net loss of $34.6M, wider than the previous quarter's $3.9M loss.
Operating cash flow was −$7.6M. Non-cash charges added back $112K of depreciation and amortization and $13.8M of share-based compensation. Working capital and other items added $13.1M. Capital expenditures of −$0K exceeded it, leaving free cash flow of −$7.6M.
Questions
What was Empery Digital's revenue in the third quarter 2025?
Empery Digital (EMPD) reported revenue of $198K for the third quarter 2025 (Q3 2025), -82% from a year earlier and -72% from the quarter before.
Source: Empery Digital 10-Q on SEC EDGAR.