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FiEE (FIEE) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 20, 2026

FiEE (FIEE) reported revenue of $4.2M for the fourth quarter 2025 (Q4 2025) and +117% from the quarter before. Operating margin was 63.2%, net earnings $2.3M (55.6% of revenue).

Revenue$4.2M
Year over year—
Quarter over quarter+117%
Operating margin63.2%
Net earnings$2.3M

FiEE, Q4 2025: revenue $4.2M, operating margin 63.2%, net earnings $2.3M, operating cash flow $1.2M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$4.2M+117%—
Gross profit$3.7M+125%—
Operating profit$2.7M——
Net earnings$2.3M——
Operating cash flow$1.2M-50%—
Free cash flow$978K-74%—

What changed

Revenue was $4.2M in Q4 2025, up 117% from the previous quarter.

Gross margin was 88.0%. Operating profit was $2.7M, a 63.2% margin. Net earnings were $2.3M. The effective tax rate was 11.6%.

Operating cash flow was $1.2M, 49% of net earnings. Non-cash charges added back $217K of depreciation and amortization and $46K of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $180K left free cash flow of $1.0M.

Questions

What was FiEE's revenue in the fourth quarter 2025?

FiEE (FIEE) reported revenue of $4.2M for the fourth quarter 2025 (Q4 2025) and +117% from the quarter before.

Was FiEE profitable in the fourth quarter 2025?

Operating profit was $2.7M (63.2% of revenue) and net earnings $2.3M.

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Source: FiEE 10-K on SEC EDGAR.