Filing Flows › Mntn (MNTN) › Q3 2025
Mntn (MNTN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Mntn (MNTN) reported revenue of $70.0M for the third quarter 2025 (Q3 2025), +23% from a year earlier and +2% from the quarter before. Operating margin was 10.8%, net earnings $6.4M (9.2% of revenue).
Mntn, Q3 2025: revenue $70.0M (+23% year over year), operating margin 10.8%, net earnings $6.4M, operating cash flow $9.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $70.0M | +2% | +23% |
| Gross profit | $55.2M | +5% | +35% |
| Operating profit | $7.5M | +103% | 20× |
| Net earnings | $6.4M | — | — |
| Operating cash flow | $9.3M | -40% | -26% |
What changed
Revenue was $70.0M in Q3 2025, up 23% year over year and up 2% from the previous quarter.
Gross margin was 78.9%, up 7.2 points from a year earlier. Operating profit was $7.5M, a 10.8% margin (up 10.1 points year over year). Of the extra revenue versus a year earlier, 55% reached operating profit, above the 1% margin then. Operating expenses grew 18% against revenue growth of 23%. The fastest-growing cost line was Research & development (+68%). Net earnings were $6.4M. The effective tax rate was 23.2%.
Operating cash flow was $9.3M (down 26% year over year), 145% of net earnings. Non-cash charges added back $2.5M of depreciation and amortization and $5.6M of share-based compensation. Working capital and other items used $5.1M.
Questions
What was Mntn's revenue in the third quarter 2025?
Mntn (MNTN) reported revenue of $70.0M for the third quarter 2025 (Q3 2025), +23% from a year earlier and +2% from the quarter before.
Was Mntn profitable in the third quarter 2025?
Operating profit was $7.5M (10.8% of revenue) and net earnings $6.4M.
Source: Mntn 10-Q on SEC EDGAR.