Filing Flows

Filing Flows › iSpecimen (ISPC) › Q4 2025

iSpecimen (ISPC) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Apr 1, 2026

iSpecimen (ISPC) reported revenue of $52K for the fourth quarter 2025 (Q4 2025), -96% from a year earlier and -51% from the quarter before.

Revenue$52K
Year over year-96%
Quarter over quarter-51%
Operating margin—
Net earnings−$5.0M

iSpecimen, Q4 2025: revenue $52K (-96% year over year), net loss $5.0M, operating cash flow −$917K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$52K-51%-96%
Operating profit−$2.7M——
Net earnings−$5.0M——
Operating cash flow−$917K——

What changed

Revenue was $52K in Q4 2025, down 96% year over year and down 51% from the previous quarter.

Operating costs exceeded revenue by $2.7M, an operating margin of -5192.9%. Total costs fell 63% while revenue fell 96%. The quarter ended with a net loss of $5.0M, wider than the previous quarter's $2.8M loss.

Operating cash flow was −$917K. Non-cash charges added back $408K of depreciation and amortization and $2K of share-based compensation. Working capital and other items added $3.7M.

Questions

What was iSpecimen's revenue in the fourth quarter 2025?

iSpecimen (ISPC) reported revenue of $52K for the fourth quarter 2025 (Q4 2025), -96% from a year earlier and -51% from the quarter before.

Open the interactive Sankey →

Source: iSpecimen 10-K on SEC EDGAR.