Filing Flows › Medalist Diversified (MDRR) › Q4 2025
Medalist Diversified (MDRR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 2, 2026
Medalist Diversified (MDRR) reported revenue of $2.8M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and +1% from the quarter before. Operating margin was 17.0%, net loss $349K (12.4% of revenue).
Medalist Diversified, Q4 2025: revenue $2.8M (+12% year over year), operating margin 17.0%, net loss $349K, operating cash flow −$741K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | +1% | +12% |
| Operating profit | $480K | +9% | +7% |
| Net earnings | −$349K | — | — |
| Operating cash flow | −$741K | -147% | -292% |
What changed
Revenue was $2.8M in Q4 2025, up 12% year over year and up 1% from the previous quarter. Retail center property was the largest line at 58% of revenue.
Operating profit was $480K, a 17.0% margin (down 0.7 points year over year). Of the extra revenue versus Q4 2024, 11% reached operating profit, below the 18% margin then. Total costs grew 13% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+13%). The quarter ended with a net loss of $349K, wider than the previous quarter's $167K loss. Net interest and other expense of $720K was the main reason.
Operating cash flow was −$741K. Non-cash charges added back $680K of depreciation and amortization. Working capital and other items used $1.1M. Capital expenditures of $323K exceeded it, leaving free cash flow of −$1.1M.
Questions
What was Medalist Diversified's revenue in the fourth quarter 2025?
Medalist Diversified (MDRR) reported revenue of $2.8M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and +1% from the quarter before.
Was Medalist Diversified profitable in the fourth quarter 2025?
Operating profit was $480K (17.0% of revenue) and net loss $349K.