Filing Flows › InfuSystem Holdings (INFU) › Q4 2025
InfuSystem Holdings (INFU) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
InfuSystem Holdings (INFU) reported revenue of $36.2M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and -0.7% from the quarter before. Operating margin was 10.3%, net earnings $2.0M (5.6% of revenue).
InfuSystem Holdings, Q4 2025: revenue $36.2M (+7% year over year), operating margin 10.3%, net earnings $2.0M, operating cash flow $7.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $36.2M | -0.7% | +7% |
| Gross profit | $20.4M | -2% | +12% |
| Operating profit | $3.7M | -3% | +42% |
| Net earnings | $2.0M | -10% | +118% |
| Operating cash flow | $7.1M | -16% | -10% |
| Free cash flow | $7.0M | -17% | -6% |
What changed
Revenue was $36.2M in Q4 2025, up 7% year over year and down 1% from the previous quarter.
Gross margin was 56.4%, up 2.6 points from a year earlier. Operating profit was $3.7M, a 10.3% margin (up 2.5 points year over year). Of the extra revenue versus a year earlier, 46% reached operating profit, above the 8% margin then. Operating expenses grew 7% against revenue growth of 7%. The fastest-growing cost line was Sales & marketing (+14%). Net earnings were $2.0M, up 118% year over year. The effective tax rate was 41.8%.
Operating cash flow was $7.1M (down 10% year over year), 350% of net earnings. Non-cash charges added back $3.3M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $469K. Capital expenditures of $133K left free cash flow of $7.0M.
Questions
What was InfuSystem Holdings' revenue in the fourth quarter 2025?
InfuSystem Holdings (INFU) reported revenue of $36.2M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and -0.7% from the quarter before.
Was InfuSystem Holdings profitable in the fourth quarter 2025?
Operating profit was $3.7M (10.3% of revenue) and net earnings $2.0M.