Filing Flows › Ivanhoe Electric (IE) › Q3 2025
Ivanhoe Electric (IE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Ivanhoe Electric (IE) reported revenue of $545K for the third quarter 2025 (Q3 2025), -19% from a year earlier and -49% from the quarter before.
Ivanhoe Electric, Q3 2025: revenue $545K (-19% year over year), net loss $21.6M, operating cash flow −$27.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $545K | -49% | -19% |
| Operating profit | −$23.6M | — | — |
| Net earnings | −$21.6M | — | — |
| Operating cash flow | −$27.7M | — | — |
What changed
Revenue was $545K in Q3 2025, down 19% year over year and down 49% from the previous quarter.
Gross margin was 51.2%, down 10.7 points from a year earlier. Operating costs exceeded revenue by $23.6M, an operating margin of -4328.3%. Operating expenses fell 43% while revenue fell 19%. The quarter ended with a net loss of $21.6M, narrower than the previous quarter's $29.0M loss. Minority interests bore $4.1M of it: to shareholders the quarter was a loss of $17.5M.
Operating cash flow was −$27.7M. Non-cash charges added back $808K of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $9.7M. Capital expenditures of −$92K exceeded it, leaving free cash flow of −$27.6M.
Questions
What was Ivanhoe Electric's revenue in the third quarter 2025?
Ivanhoe Electric (IE) reported revenue of $545K for the third quarter 2025 (Q3 2025), -19% from a year earlier and -49% from the quarter before.
Source: Ivanhoe Electric 10-Q on SEC EDGAR.