Filing Flows › Helio (HLEO) › Q3 FY25
Helio (HLEO) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Sep 22, 2025
Helio (HLEO) reported revenue of $785K for the third quarter fiscal 2025 (Q3 FY25), -53% from a year earlier and -33% from the quarter before. Operating margin was -115.0%, net loss $951K (121.2% of revenue).
Helio, Q3 FY25: revenue $785K (-53% year over year), operating margin -115.0%, net loss $951K, operating cash flow −$323K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $785K | -33% | -53% |
| Operating profit | −$902K | — | — |
| Net earnings | −$951K | — | — |
| Operating cash flow | −$323K | — | — |
What changed
Revenue was $785K in Q3 FY25, down 53% year over year and down 33% from the previous quarter. Service was the largest line at 65% of revenue. Materials lost $515K year over year (down 69%), 59% of the total change.
Gross margin was 12.5%, down 21.2 points from a year earlier. Operating costs exceeded revenue by $902K, an operating margin of -115.0%. Operating expenses grew 10% against a revenue fall of 53%. The fastest-growing cost line was General & admin (+21%). The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $1.0M loss.
Operating cash flow was −$323K. Non-cash charges added back $6K of depreciation and $38K of share-based compensation. Working capital and other items added $583K.
Questions
What was Helio's revenue in the third quarter fiscal 2025?
Helio (HLEO) reported revenue of $785K for the third quarter fiscal 2025 (Q3 FY25), -53% from a year earlier and -33% from the quarter before.
Was Helio profitable in the third quarter fiscal 2025?
Operating loss was $902K (-115.0% of revenue) and net loss $951K.
Source: Helio 10-Q on SEC EDGAR.