Filing Flows › Immersion (IMMR) › Q4 FY25
Immersion (IMMR) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 12, 2026
Immersion (IMMR) reported revenue of $285M for the fourth quarter fiscal 2025 (Q4 FY25) and -40% from the quarter before. Operating margin was -0.4%, net loss $26.2M (9.2% of revenue).
Immersion, Q4 FY25: revenue $285M, operating margin -0.4%, net loss $26.2M, operating cash flow $50.1M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $285M | -40% | — |
| Operating profit | −$1.2M | -105% | — |
| Net earnings | −$26.2M | -270% | — |
| Operating cash flow | $50.1M | — | — |
| Free cash flow | $47.0M | — | — |
What changed
Revenue was $284.9M in Q4 FY25, down 40% from the previous quarter.
Operating costs exceeded revenue by $1.2M, an operating margin of -0.4%. The quarter ended with a net loss of $26.2M, after a profit of $43.2M the previous quarter. Minority interests bore $8.6M of it: to shareholders the quarter was a loss of $17.7M. Net interest and other expense of $16.7M was the main reason.
Operating cash flow was $50.1M. Non-cash charges added back $10.7M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items added $61.4M. Capital expenditures of $3.1M left free cash flow of $47.0M.
Questions
What was Immersion's revenue in the fourth quarter fiscal 2025?
Immersion (IMMR) reported revenue of $285M for the fourth quarter fiscal 2025 (Q4 FY25) and -40% from the quarter before.
Was Immersion profitable in the fourth quarter fiscal 2025?
Operating loss was $1.2M (-0.4% of revenue) and net loss $26.2M.
Source: Immersion 10-K on SEC EDGAR.