Filing Flows › Lensar (LNSR) › Q3 2025
Lensar (LNSR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Lensar (LNSR) reported revenue of $14.3M for the third quarter 2025 (Q3 2025), +6% from a year earlier and +3% from the quarter before. Operating margin was -52.9%, net loss $3.7M (25.9% of revenue).
Lensar, Q3 2025: revenue $14.3M (+6% year over year), operating margin -52.9%, net loss $3.7M, operating cash flow −$3.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.3M | +3% | +6% |
| Operating profit | −$7.6M | — | — |
| Net earnings | −$3.7M | — | — |
| Operating cash flow | −$3.5M | — | — |
What changed
Revenue was $14.3M in Q3 2025, up 6% year over year and up 3% from the previous quarter. Product was the largest line at 79% of revenue. Product added $789K year over year (up 7%), 102% of the total change.
Operating costs exceeded revenue by $7.6M, an operating margin of -52.9%. Total costs grew 48% against revenue growth of 6%. The fastest-growing cost line was SG&A (+98%). The quarter ended with a net loss of $3.7M, wider than the previous quarter's $1.8M loss. Non-operating items added $3.9M, -104% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$3.5M. Non-cash charges added back $1.2M of depreciation and amortization and $850K of share-based compensation. Working capital and other items used $1.8M.
Questions
What was Lensar's revenue in the third quarter 2025?
Lensar (LNSR) reported revenue of $14.3M for the third quarter 2025 (Q3 2025), +6% from a year earlier and +3% from the quarter before.
Was Lensar profitable in the third quarter 2025?
Operating loss was $7.6M (-52.9% of revenue) and net loss $3.7M.
Source: Lensar 10-Q on SEC EDGAR.