Filing Flows › SemiLEDs (LEDS) › Q4 FY25
SemiLEDs (LEDS) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 28, 2025
SemiLEDs (LEDS) reported revenue of $13.2M for the fourth quarter fiscal 2025 (Q4 FY25), +899% from a year earlier and -25% from the quarter before. Operating margin was -7.5%, net loss $1.2M (9.0% of revenue).
SemiLEDs, Q4 FY25: revenue $13.2M (+899% year over year), operating margin -7.5%, net loss $1.2M, operating cash flow $260K. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.2M | -25% | +899% |
| Operating profit | −$991K | — | — |
| Net earnings | −$1.2M | -635% | — |
| Operating cash flow | $260K | -62% | +24% |
| Free cash flow | $239K | -38% | +44% |
What changed
Revenue was $13.2M in Q4 FY25, up 899% year over year and down 25% from the previous quarter.
Gross margin was 1.5%, down 13.6 points from Q4 FY24. Operating costs exceeded revenue by $1.0M, an operating margin of -7.5%. Operating expenses grew 22% against revenue growth of 899%. The quarter ended with a net loss of $1.2M, after a profit of $223K the previous quarter.
Operating cash flow was $260K (up 24% year over year). Non-cash charges added back $205K of depreciation and amortization and $10K of share-based compensation. Working capital and other items added $1.2M. Capital expenditures of $21K left free cash flow of $239K.
Questions
What was SemiLEDs' revenue in the fourth quarter fiscal 2025?
SemiLEDs (LEDS) reported revenue of $13.2M for the fourth quarter fiscal 2025 (Q4 FY25), +899% from a year earlier and -25% from the quarter before.
Was SemiLEDs profitable in the fourth quarter fiscal 2025?
Operating loss was $991K (-7.5% of revenue) and net loss $1.2M.
Source: SemiLEDs 10-K on SEC EDGAR.