Filing Flows › Forum Markets (FRMM) › Q3 2025
Forum Markets (FRMM) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Forum Markets (FRMM) reported revenue of $4.1M for the third quarter 2025 (Q3 2025).
Revenue$4.1M
Year over year—
Quarter over quarter—
Operating margin—
Net earnings−$217M
Forum Markets, Q3 2025: revenue $4.1M, net loss $217M, operating cash flow −$16.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1M | — | — |
| Operating profit | −$220M | — | — |
| Net earnings | −$217M | — | — |
| Operating cash flow | −$16.4M | — | — |
What changed
Revenue was $4.1M in Q3 2025.
Operating costs exceeded revenue by $220.5M, an operating margin of -5364.6%. The quarter ended with a net loss of $216.7M.
Operating cash flow was −$16.4M. Non-cash charges added back $208.2M of share-based compensation. Working capital and other items used $7.9M.
Questions
What was Forum Markets' revenue in the third quarter 2025?
Forum Markets (FRMM) reported revenue of $4.1M for the third quarter 2025 (Q3 2025).
Source: Forum Markets 10-Q on SEC EDGAR.