Filing Flows › First America Resources (FSTJ) › Q3 2025
First America Resources (FSTJ) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 17, 2025
First America Resources (FSTJ) reported revenue of $5.5M for the third quarter 2025 (Q3 2025), +19% from a year earlier and +13% from the quarter before. Operating margin was 4.5%, net earnings $214K (3.9% of revenue).
First America Resources, Q3 2025: revenue $5.5M (+19% year over year), operating margin 4.5%, net earnings $214K, operating cash flow $379K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.5M | +13% | +19% |
| Gross profit | $2.9M | +18% | +12% |
| Operating profit | $248K | +160% | -39% |
| Net earnings | $214K | +244% | — |
| Operating cash flow | $379K | +241% | — |
| Free cash flow | $377K | — | — |
What changed
Revenue was $5.5M in Q3 2025, up 19% year over year and up 13% from the previous quarter.
Gross margin was 53.7%, down 3.6 points from a year earlier. Operating profit was $248K, a 4.5% margin (down 4.3 points year over year). Operating profit fell $157K even though revenue rose $888K versus a year earlier, so costs grew faster than sales. Operating expenses grew 21% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+24%). Net earnings were $214K. The effective tax rate was 0.0%.
Operating cash flow was $379K, 177% of net earnings. Non-cash charges added back $25K of depreciation and amortization. Working capital and other items added $140K. Capital expenditures of $2K left free cash flow of $377K.
Questions
What was First America Resources' revenue in the third quarter 2025?
First America Resources (FSTJ) reported revenue of $5.5M for the third quarter 2025 (Q3 2025), +19% from a year earlier and +13% from the quarter before.
Was First America Resources profitable in the third quarter 2025?
Operating profit was $248K (4.5% of revenue) and net earnings $214K.