Filing Flows › Innventure (INV) › Q4 2025
Innventure (INV) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 30, 2026
Innventure (INV) reported revenue of $822K for the fourth quarter 2025 (Q4 2025), +80% from a year earlier and +54% from the quarter before.
Innventure, Q4 2025: revenue $822K (+80% year over year), net loss $45.7M, operating cash flow −$24.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $822K | +54% | +80% |
| Operating profit | −$31.7M | — | — |
| Net earnings | −$45.7M | — | — |
| Operating cash flow | −$24.4M | — | — |
What changed
Revenue was $822K in Q4 2025, up 80% year over year and up 54% from the previous quarter.
Operating costs exceeded revenue by $31.7M, an operating margin of -3859.1%. Total costs fell 20% while revenue rose 80%. The fastest-growing cost line was Cost of revenue (+210%). The quarter ended with a net loss of $45.7M, wider than the previous quarter's $34.7M loss. Minority interests bore $7.9M of it: to shareholders the quarter was a loss of $37.8M.
Operating cash flow was −$24.4M. Non-cash charges added back $5.7M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items added $10.7M. Capital expenditures of $46K exceeded it, leaving free cash flow of −$24.4M.
Questions
What was Innventure's revenue in the fourth quarter 2025?
Innventure (INV) reported revenue of $822K for the fourth quarter 2025 (Q4 2025), +80% from a year earlier and +54% from the quarter before.
Source: Innventure 10-K on SEC EDGAR.