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Gyre Therapeutics (GYRE) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 13, 2026

Gyre Therapeutics (GYRE) reported revenue of $37.2M for the fourth quarter 2025 (Q4 2025), +33% from a year earlier and +22% from the quarter before. Operating margin was 0.3%, net loss $1.4M (3.7% of revenue).

Revenue$37.2M
Year over year+33%
Quarter over quarter+22%
Operating margin0.3%
Net earnings−$1.4M

Gyre Therapeutics, Q4 2025: revenue $37.2M (+33% year over year), operating margin 0.3%, net loss $1.4M, operating cash flow −$5.6M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$37.2M+22%+33%
Operating profit$118K-98%—
Net earnings−$1.4M-123%—
Operating cash flow−$5.6M-220%—

What changed

Revenue was $37.2M in Q4 2025, up 33% year over year and up 22% from the previous quarter.

Operating profit was $118K, a 0.3% margin (down 2.1 points year over year). Operating profit fell $547K even though revenue rose $9.3M versus a year earlier, so costs grew faster than sales. The fastest-growing cost line was Sales & marketing (+41%). The quarter ended with a net loss of $1.4M, after a profit of $5.9M the previous quarter. Minority interests bore $46K of it: to shareholders the quarter was a loss of $1.3M.

Operating cash flow was −$5.6M. Non-cash charges added back $656K of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items used $9.5M. Capital expenditures of $144K exceeded it, leaving free cash flow of −$5.8M.

Questions

What was Gyre Therapeutics' revenue in the fourth quarter 2025?

Gyre Therapeutics (GYRE) reported revenue of $37.2M for the fourth quarter 2025 (Q4 2025), +33% from a year earlier and +22% from the quarter before.

Was Gyre Therapeutics profitable in the fourth quarter 2025?

Operating profit was $118K (0.3% of revenue) and net loss $1.4M.

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Source: Gyre Therapeutics 10-K on SEC EDGAR.