Filing Flows › Immersion (IMMR) › Q3 FY25
Immersion (IMMR) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Mar 12, 2025
Immersion (IMMR) reported revenue of $471M for the third quarter fiscal 2025 (Q3 FY25) and -24% from the quarter before. Operating margin was 5.6%, net earnings $15.5M (3.3% of revenue).
Immersion, Q3 FY25: revenue $471M, operating margin 5.6%, net earnings $15.5M, operating cash flow −$43.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $471M | -24% | — |
| Operating profit | $26.2M | -59% | — |
| Net earnings | $15.5M | -43% | — |
| Operating cash flow | −$43.7M | — | — |
What changed
Revenue was $471.3M in Q3 FY25, down 24% from the previous quarter.
Operating profit was $26.2M, a 5.6% margin. Net earnings were $15.5M. The effective tax rate was 47.3%. Non-operating items added $10.6M, 29% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$43.7M. Non-cash charges added back $10.0M of depreciation and $4.6M of share-based compensation. Working capital and other items used $77.7M. Capital expenditures of $2.5M exceeded it, leaving free cash flow of −$46.2M.
Questions
What was Immersion's revenue in the third quarter fiscal 2025?
Immersion (IMMR) reported revenue of $471M for the third quarter fiscal 2025 (Q3 FY25) and -24% from the quarter before.
Was Immersion profitable in the third quarter fiscal 2025?
Operating profit was $26.2M (5.6% of revenue) and net earnings $15.5M.
Source: Immersion 10-Q on SEC EDGAR.