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Femasys (FEMY) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 14, 2025

Femasys (FEMY) reported revenue of $729K for the third quarter 2025 (Q3 2025), +31% from a year earlier and +78% from the quarter before. Operating margin was -500.9%, net loss $4.2M (575.1% of revenue).

Revenue$729K
Year over year+31%
Quarter over quarter+78%
Operating margin-500.9%
Net earnings−$4.2M

Femasys, Q3 2025: revenue $729K (+31% year over year), operating margin -500.9%, net loss $4.2M, operating cash flow −$5.4M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$729K+78%+31%
Operating profit−$3.7M——
Net earnings−$4.2M——
Operating cash flow−$5.4M——

What changed

Revenue was $729K in Q3 2025, up 31% year over year and up 78% from the previous quarter.

Operating costs exceeded revenue by $3.7M, an operating margin of -500.9%. Total costs fell 23% while revenue rose 31%. The fastest-growing cost line was Cost of revenue (+54%). The quarter ended with a net loss of $4.2M, narrower than the previous quarter's $4.6M loss.

Operating cash flow was −$5.4M. Non-cash charges added back $86K of depreciation and amortization and $175K of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of $194K exceeded it, leaving free cash flow of −$5.6M.

Questions

What was Femasys' revenue in the third quarter 2025?

Femasys (FEMY) reported revenue of $729K for the third quarter 2025 (Q3 2025), +31% from a year earlier and +78% from the quarter before.

Was Femasys profitable in the third quarter 2025?

Operating loss was $3.7M (-500.9% of revenue) and net loss $4.2M.

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Source: Femasys 10-Q on SEC EDGAR.