Filing Flows › Marchex (MCHX) › Q3 2025
Marchex (MCHX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Marchex (MCHX) reported revenue of $11.5M for the third quarter 2025 (Q3 2025), -8% from a year earlier and -1% from the quarter before. Operating margin was -8.2%, net loss $1.0M (8.9% of revenue).
Marchex, Q3 2025: revenue $11.5M (-8% year over year), operating margin -8.2%, net loss $1.0M, operating cash flow $290K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.5M | -1% | -8% |
| Operating profit | −$941K | — | — |
| Net earnings | −$1.0M | -1301% | — |
| Operating cash flow | $290K | -64% | -24% |
What changed
Revenue was $11.5M in Q3 2025, down 8% year over year and down 1% from the previous quarter.
Operating costs exceeded revenue by $941K, an operating margin of -8.2%. Total costs fell 7% while revenue fell 8%. The quarter ended with a net loss of $1.0M, after a profit of $85K the previous quarter.
Operating cash flow was $290K (down 24% year over year). Non-cash charges added back $312K of depreciation and amortization and $920K of share-based compensation. Working capital and other items added $79K.
Questions
What was Marchex's revenue in the third quarter 2025?
Marchex (MCHX) reported revenue of $11.5M for the third quarter 2025 (Q3 2025), -8% from a year earlier and -1% from the quarter before.
Was Marchex profitable in the third quarter 2025?
Operating loss was $941K (-8.2% of revenue) and net loss $1.0M.
Source: Marchex 10-Q on SEC EDGAR.