Filing Flows › Healthcare Triangle (HCTI) › Q3 2025
Healthcare Triangle (HCTI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Healthcare Triangle (HCTI) reported revenue of $3.5M for the third quarter 2025 (Q3 2025), +45% from a year earlier and -2% from the quarter before. Operating margin was -74.3%, net loss $1.9M (54.6% of revenue).
Healthcare Triangle, Q3 2025: revenue $3.5M (+45% year over year), operating margin -74.3%, net loss $1.9M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5M | -2% | +45% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $3.5M in Q3 2025, up 45% year over year and down 2% from the previous quarter.
Operating costs exceeded revenue by $2.6M, an operating margin of -74.3%. Total costs grew 70% against revenue growth of 45%. The fastest-growing cost line was Sales & marketing (+248%). The quarter ended with a net loss of $1.9M, wider than the previous quarter's $1.4M loss. Non-operating items added $685K, -36% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.5M. Non-cash charges added back $63K of depreciation and amortization and $415K of share-based compensation. Capital expenditures of $3K exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Healthcare Triangle's revenue in the third quarter 2025?
Healthcare Triangle (HCTI) reported revenue of $3.5M for the third quarter 2025 (Q3 2025), +45% from a year earlier and -2% from the quarter before.
Was Healthcare Triangle profitable in the third quarter 2025?
Operating loss was $2.6M (-74.3% of revenue) and net loss $1.9M.