Filing Flows › SeaStar Medical Holding (ICU) › Q3 2025
SeaStar Medical Holding (ICU) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
SeaStar Medical Holding (ICU) reported revenue of $183K for the third quarter 2025 (Q3 2025), +169% from a year earlier and -46% from the quarter before.
SeaStar Medical Holding, Q3 2025: revenue $183K (+169% year over year), net loss $3.5M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $183K | -46% | +169% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | −$3.8M | — | — |
What changed
Revenue was $183K in Q3 2025, up 169% year over year and down 46% from the previous quarter.
Gross margin was 92.3%, down 7.7 points from a year earlier. Operating costs exceeded revenue by $3.6M, an operating margin of -1955.7%. Operating expenses fell 17% while revenue rose 169%. The quarter ended with a net loss of $3.5M, wider than the previous quarter's $2.0M loss.
Operating cash flow was −$3.8M. Non-cash charges added back $290K of share-based compensation. Working capital and other items used $662K.
Questions
What was SeaStar Medical Holding's revenue in the third quarter 2025?
SeaStar Medical Holding (ICU) reported revenue of $183K for the third quarter 2025 (Q3 2025), +169% from a year earlier and -46% from the quarter before.