Filing Flows › Massimo (MAMO) › Q4 2025
Massimo (MAMO) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Massimo (MAMO) reported revenue of $21.0M for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and +24% from the quarter before. Operating margin was 13.1%, net earnings $2.0M (9.5% of revenue).
Massimo, Q4 2025: revenue $21.0M (+16% year over year), operating margin 13.1%, net earnings $2.0M, operating cash flow $4.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.0M | +24% | +16% |
| Gross profit | $8.7M | +22% | +145% |
| Operating profit | $2.8M | +54% | — |
| Net earnings | $2.0M | +31% | — |
| Operating cash flow | $4.0M | +532% | -56% |
What changed
Revenue was $21.0M in Q4 2025, up 16% year over year and up 24% from the previous quarter.
Gross margin was 41.5%, up 21.9 points from Q4 2024. Operating profit was $2.8M, a 13.1% margin (up 28.5 points year over year). Operating expenses fell 6% while revenue rose 16%. The fastest-growing cost line was Research & development (+266%). Net earnings were $2.0M. The effective tax rate was 23.8%.
Operating cash flow was $4.0M (down 56% year over year), 201% of net earnings. Non-cash charges added back $37K of depreciation. Working capital and other items added $2.0M.
Questions
What was Massimo's revenue in the fourth quarter 2025?
Massimo (MAMO) reported revenue of $21.0M for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and +24% from the quarter before.
Was Massimo profitable in the fourth quarter 2025?
Operating profit was $2.8M (13.1% of revenue) and net earnings $2.0M.
Source: Massimo 10-K on SEC EDGAR.