Filing Flows › Kaival Brands Innovations Group (KAVL) › Q4 FY25
Kaival Brands Innovations Group (KAVL) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jan 29, 2026
Kaival Brands Innovations Group (KAVL) reported revenue of $93K for the fourth quarter fiscal 2025 (Q4 FY25), -87% from a year earlier and -35% from the quarter before.
Kaival Brands Innovations Group, Q4 FY25: revenue $93K (-87% year over year), net loss $10.0M, operating cash flow −$752K. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93K | -35% | -87% |
| Operating profit | −$10.0M | — | — |
| Net earnings | −$10.0M | — | — |
| Operating cash flow | −$752K | — | — |
What changed
Revenue was $93K in Q4 FY25, down 87% year over year and down 35% from the previous quarter.
Gross margin was 100.0%, up 26.7 points from Q4 FY24. Operating costs exceeded revenue by $10.0M, an operating margin of -10813.3%. Operating expenses grew 404% against a revenue fall of 87%. The fastest-growing cost line was Other operating costs (+6115%). The quarter ended with a net loss of $10.0M, wider than the previous quarter's $559K loss.
Operating cash flow was −$752K. Non-cash charges added back $197K of depreciation and amortization. Working capital and other items added $9.1M.
Questions
What was Kaival Brands Innovations Group's revenue in the fourth quarter fiscal 2025?
Kaival Brands Innovations Group (KAVL) reported revenue of $93K for the fourth quarter fiscal 2025 (Q4 FY25), -87% from a year earlier and -35% from the quarter before.