Filing Flows › Lifeward (LFWD) › Q4 2025
Lifeward (LFWD) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 18, 2026
Lifeward (LFWD) reported revenue of $5.1M for the fourth quarter 2025 (Q4 2025), -33% from a year earlier and -18% from the quarter before. Operating margin was -100.7%, net loss $5.3M (105.3% of revenue).
Lifeward, Q4 2025: revenue $5.1M (-33% year over year), operating margin -100.7%, net loss $5.3M, operating cash flow −$3.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1M | -18% | -33% |
| Operating profit | −$5.1M | — | — |
| Net earnings | −$5.3M | — | — |
| Operating cash flow | −$3.6M | — | — |
What changed
Revenue was $5.1M in Q4 2025, down 33% year over year and down 18% from the previous quarter.
Gross margin was 21.4%, down 3.0 points from Q4 2024. Operating costs exceeded revenue by $5.1M, an operating margin of -100.7%. Operating expenses fell 64% while revenue fell 33%. The fastest-growing cost line was General & admin (+29%). The quarter ended with a net loss of $5.3M, wider than the previous quarter's $3.2M loss.
Operating cash flow was −$3.6M. Non-cash charges added back $72K of depreciation and amortization and $167K of share-based compensation. Working capital and other items added $1.6M. Capital expenditures of $11K exceeded it, leaving free cash flow of −$3.6M.
Questions
What was Lifeward's revenue in the fourth quarter 2025?
Lifeward (LFWD) reported revenue of $5.1M for the fourth quarter 2025 (Q4 2025), -33% from a year earlier and -18% from the quarter before.
Was Lifeward profitable in the fourth quarter 2025?
Operating loss was $5.1M (-100.7% of revenue) and net loss $5.3M.
Source: Lifeward 10-K on SEC EDGAR.