Filing Flows › Kustom Entertainment (KUST) › Q3 2025
Kustom Entertainment (KUST) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Kustom Entertainment (KUST) reported revenue of $4.5M for the third quarter 2025 (Q3 2025), +12% from a year earlier and -19% from the quarter before. Operating margin was -24.7%, net loss $963K (21.2% of revenue).
Kustom Entertainment, Q3 2025: revenue $4.5M (+12% year over year), operating margin -24.7%, net loss $963K, operating cash flow −$352K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5M | -19% | +12% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$963K | — | — |
| Operating cash flow | −$352K | — | — |
What changed
Revenue was $4.5M in Q3 2025, up 12% year over year and down 19% from the previous quarter. Service, Other was the largest line at 85% of revenue. Service, Other added $625K year over year (up 19%), 129% of the total change. Product declined 17%.
Gross margin was 30.2%, down 12.7 points from a year earlier. Operating costs exceeded revenue by $1.1M, an operating margin of -24.7%. Operating expenses fell 73% while revenue rose 12%. The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $4.5M loss.
Operating cash flow was −$352K. Non-cash charges added back $400K of depreciation and amortization and $9K of share-based compensation. Working capital and other items added $202K. Capital expenditures of $44K exceeded it, leaving free cash flow of −$397K.
Questions
What was Kustom Entertainment's revenue in the third quarter 2025?
Kustom Entertainment (KUST) reported revenue of $4.5M for the third quarter 2025 (Q3 2025), +12% from a year earlier and -19% from the quarter before.
Was Kustom Entertainment profitable in the third quarter 2025?
Operating loss was $1.1M (-24.7% of revenue) and net loss $963K.