Filing Flows › Ispire Technology (ISPR) › Q4 FY25
Ispire Technology (ISPR) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Sep 15, 2025
Ispire Technology (ISPR) reported revenue of $20.1M for the fourth quarter fiscal 2025 (Q4 FY25), -46% from a year earlier and -23% from the quarter before. Operating margin was -72.7%, net loss $14.8M (73.4% of revenue).
Ispire Technology, Q4 FY25: revenue $20.1M (-46% year over year), operating margin -72.7%, net loss $14.8M, operating cash flow $4.7M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.1M | -23% | -46% |
| Operating profit | −$14.6M | — | — |
| Net earnings | −$14.8M | — | — |
| Operating cash flow | $4.7M | — | — |
| Free cash flow | $3.7M | — | — |
What changed
Revenue was $20.1M in Q4 FY25, down 46% year over year and down 23% from the previous quarter.
Gross margin was 12.3%, down 16.0 points from a year earlier. Operating costs exceeded revenue by $14.6M, an operating margin of -72.7%. Operating expenses grew 22% against a revenue fall of 46%. The fastest-growing cost line was Other operating costs (+156%). The quarter ended with a net loss of $14.8M, wider than the previous quarter's $10.9M loss.
Operating cash flow was $4.7M. Non-cash charges added back $220K of depreciation and amortization and $693K of share-based compensation. Working capital and other items added $18.6M. Capital expenditures of $1.0M left free cash flow of $3.7M.
Questions
What was Ispire Technology's revenue in the fourth quarter fiscal 2025?
Ispire Technology (ISPR) reported revenue of $20.1M for the fourth quarter fiscal 2025 (Q4 FY25), -46% from a year earlier and -23% from the quarter before.
Was Ispire Technology profitable in the fourth quarter fiscal 2025?
Operating loss was $14.6M (-72.7% of revenue) and net loss $14.8M.
Source: Ispire Technology 10-K on SEC EDGAR.