Filing Flows › Spectral Capital (FCCN) › Q3 2025
Spectral Capital (FCCN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Spectral Capital (FCCN) reported revenue of $3.1M for the third quarter 2025 (Q3 2025). Operating margin was -31.0%, net loss $965K (30.7% of revenue).
Spectral Capital, Q3 2025: revenue $3.1M, operating margin -31.0%, net loss $965K, operating cash flow −$22K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1M | — | — |
| Operating profit | −$972K | — | — |
| Net earnings | −$965K | — | — |
| Operating cash flow | −$22K | — | — |
What changed
Revenue was $3.1M in Q3 2025. Messaging Services was the largest line at 99% of revenue.
Gross margin was 22.6%. Operating costs exceeded revenue by $1.0M, an operating margin of -31.0%. The quarter ended with a net loss of $1.0M. Minority interests bore $19K of it: to shareholders the quarter was a loss of $946K.
Operating cash flow was −$22K. Non-cash charges added back $8K of depreciation and $221K of share-based compensation. Working capital and other items added $713K.
Questions
What was Spectral Capital's revenue in the third quarter 2025?
Spectral Capital (FCCN) reported revenue of $3.1M for the third quarter 2025 (Q3 2025).
Was Spectral Capital profitable in the third quarter 2025?
Operating loss was $972K (-31.0% of revenue) and net loss $965K.
Source: Spectral Capital 10-Q on SEC EDGAR.