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Evofem Biosciences (EVFM) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 11, 2026

Evofem Biosciences (EVFM) reported revenue of $9.6M for the fourth quarter 2025 (Q4 2025), +35% from a year earlier and +93% from the quarter before. Operating margin was 35.0%, net earnings $2.8M (29.2% of revenue).

Revenue$9.6M
Year over year+35%
Quarter over quarter+93%
Operating margin35.0%
Net earnings$2.8M

Evofem Biosciences, Q4 2025: revenue $9.6M (+35% year over year), operating margin 35.0%, net earnings $2.8M, operating cash flow $31K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$9.6M+93%+35%
Operating profit$3.3M+252%—
Net earnings$2.8M——
Operating cash flow$31K-91%—
Free cash flow$28K-92%—

What changed

Revenue was $9.6M in Q4 2025, up 35% year over year and up 93% from the previous quarter.

Operating profit was $3.3M, a 35.0% margin (up 49.1 points year over year). Total costs fell 23% while revenue rose 35%. The fastest-growing cost line was Cost of revenue (+71%). Net earnings were $2.8M. The effective tax rate was 0.0%.

Operating cash flow was $31K, 1% of net earnings. Non-cash charges added back $94K of depreciation and amortization and $42K of share-based compensation. Working capital and other items used $2.9M. Capital expenditures of $3K left free cash flow of $28K.

Questions

What was Evofem Biosciences' revenue in the fourth quarter 2025?

Evofem Biosciences (EVFM) reported revenue of $9.6M for the fourth quarter 2025 (Q4 2025), +35% from a year earlier and +93% from the quarter before.

Was Evofem Biosciences profitable in the fourth quarter 2025?

Operating profit was $3.3M (35.0% of revenue) and net earnings $2.8M.

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Source: Evofem Biosciences 10-K on SEC EDGAR.