Filing Flows › Koru Medical Systems (KRMD) › Q3 2025
Koru Medical Systems (KRMD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Koru Medical Systems (KRMD) reported revenue of $10.4M for the third quarter 2025 (Q3 2025), +27% from a year earlier and +2% from the quarter before. Operating margin was -8.3%, net loss $778K (7.5% of revenue).
Koru Medical Systems, Q3 2025: revenue $10.4M (+27% year over year), operating margin -8.3%, net loss $778K, operating cash flow $65K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.4M | +2% | +27% |
| Operating profit | −$868K | — | — |
| Net earnings | −$778K | — | — |
| Operating cash flow | $65K | — | — |
| Free cash flow | $13K | — | — |
What changed
Revenue was $10.4M in Q3 2025, up 27% year over year and up 2% from the previous quarter.
Gross margin was 60.2%, down 3.2 points from a year earlier. Operating costs exceeded revenue by $868K, an operating margin of -8.3%. Operating expenses grew 4% against revenue growth of 27%. The fastest-growing cost line was SG&A (+17%). The quarter ended with a net loss of $778K, wider than the previous quarter's $207K loss.
Operating cash flow was $65K. Non-cash charges added back $204K of depreciation and amortization and $627K of share-based compensation. Working capital and other items added $12K. Capital expenditures of $52K left free cash flow of $13K.
Questions
What was Koru Medical Systems' revenue in the third quarter 2025?
Koru Medical Systems (KRMD) reported revenue of $10.4M for the third quarter 2025 (Q3 2025), +27% from a year earlier and +2% from the quarter before.
Was Koru Medical Systems profitable in the third quarter 2025?
Operating loss was $868K (-8.3% of revenue) and net loss $778K.