Filing Flows › Functional Brands (MEHA) › Q3 2025
Functional Brands (MEHA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Dec 15, 2025
Functional Brands (MEHA) reported revenue of $1.7M for the third quarter 2025 (Q3 2025), +21% from a year earlier and -8% from the quarter before. Operating margin was -4.6%, net earnings $259K (15.3% of revenue).
Functional Brands, Q3 2025: revenue $1.7M (+21% year over year), operating margin -4.6%, net earnings $259K, operating cash flow $831K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7M | -8% | +21% |
| Operating profit | −$78K | — | — |
| Net earnings | $259K | — | — |
| Operating cash flow | $831K | +76% | — |
What changed
Revenue was $1.7M in Q3 2025, up 21% year over year and down 8% from the previous quarter. Nutraceuticalsupplements was the largest line at 99% of revenue. Nutraceuticalsupplements added $305K year over year (up 22%), 102% of the total change. Hemp Derived Products declined 25%.
Gross margin was 57.7%, up 3.0 points from a year earlier. Operating costs exceeded revenue by $78K, an operating margin of -4.6%. Operating expenses grew 8% against revenue growth of 21%. The fastest-growing cost line was General & admin (+14%). Net earnings were $259K. The effective tax rate was 0.0%. Non-operating items added $337K, 130% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $831K, 321% of net earnings. Non-cash charges added back $16K of depreciation and amortization and $88K of share-based compensation. Working capital and other items added $467K.
Questions
What was Functional Brands' revenue in the third quarter 2025?
Functional Brands (MEHA) reported revenue of $1.7M for the third quarter 2025 (Q3 2025), +21% from a year earlier and -8% from the quarter before.
Was Functional Brands profitable in the third quarter 2025?
Operating loss was $78K (-4.6% of revenue) and net earnings $259K.
Source: Functional Brands 10-Q on SEC EDGAR.