Filing Flows › Gaia (GAIA) › Q3 2025
Gaia (GAIA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Gaia (GAIA) reported revenue of $25.0M for the third quarter 2025 (Q3 2025), +13% from a year earlier and +1% from the quarter before. Operating margin was -5.0%, net loss $1.3M (5.2% of revenue).
Gaia, Q3 2025: revenue $25.0M (+13% year over year), operating margin -5.0%, net loss $1.3M, operating cash flow $326K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $25.0M | +1% | +13% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | $326K | -86% | -20% |
What changed
Revenue was $25.0M in Q3 2025, up 13% year over year and up 1% from the previous quarter.
Gross margin was 86.4%, up 0.3 points from a year earlier. Operating costs exceeded revenue by $1.2M, an operating margin of -5.0%. Operating expenses grew 13% against revenue growth of 13%. The fastest-growing cost line was Sales & marketing (+14%). The quarter ended with a net loss of $1.3M, narrower than the previous quarter's $2.0M loss. Minority interests bore $141K of it: to shareholders the quarter was a loss of $1.2M.
Operating cash flow was $326K (down 20% year over year). Non-cash charges added back $1.9M of depreciation and amortization and $400K of share-based compensation. Working capital and other items used $699K. Capital expenditures of $1.9M exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Gaia's revenue in the third quarter 2025?
Gaia (GAIA) reported revenue of $25.0M for the third quarter 2025 (Q3 2025), +13% from a year earlier and +1% from the quarter before.
Was Gaia profitable in the third quarter 2025?
Operating loss was $1.2M (-5.0% of revenue) and net loss $1.3M.
Source: Gaia 10-Q on SEC EDGAR.