Filing Flows › Fathom Holdings (FTHM) › Q4 2025
Fathom Holdings (FTHM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 30, 2026
Fathom Holdings (FTHM) reported revenue of $90.6M for the fourth quarter 2025 (Q4 2025), -1% from a year earlier and -21% from the quarter before. Operating margin was -5.2%, net loss $6.7M (7.4% of revenue).
Fathom Holdings, Q4 2025: revenue $90.6M (-1% year over year), operating margin -5.2%, net loss $6.7M, operating cash flow −$11.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $90.6M | -21% | -1% |
| Operating profit | −$4.7M | — | — |
| Net earnings | −$6.7M | — | — |
| Operating cash flow | −$11.9M | -492% | — |
What changed
Revenue was $90.6M in Q4 2025, down 1% year over year and down 21% from the previous quarter.
Operating costs exceeded revenue by $4.7M, an operating margin of -5.2%. Total costs fell 5% while revenue fell 1%. The quarter ended with a net loss of $6.7M, wider than the previous quarter's $4.4M loss.
Operating cash flow was −$11.9M. Non-cash charges added back $1.5M of depreciation and amortization and $691K of share-based compensation. Working capital and other items used $7.3M. Capital expenditures of $43K exceeded it, leaving free cash flow of −$11.9M.
Questions
What was Fathom Holdings' revenue in the fourth quarter 2025?
Fathom Holdings (FTHM) reported revenue of $90.6M for the fourth quarter 2025 (Q4 2025), -1% from a year earlier and -21% from the quarter before.
Was Fathom Holdings profitable in the fourth quarter 2025?
Operating loss was $4.7M (-5.2% of revenue) and net loss $6.7M.
Source: Fathom Holdings 10-K on SEC EDGAR.