Filing Flows › Mntn (MNTN) › Q4 2025
Mntn (MNTN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Mntn (MNTN) reported revenue of $87.1M for the fourth quarter 2025 (Q4 2025), +25% from a year earlier and +24% from the quarter before. Operating margin was 23.6%, net earnings $34.5M (39.6% of revenue).
Mntn, Q4 2025: revenue $87.1M (+25% year over year), operating margin 23.6%, net earnings $34.5M, operating cash flow $29.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $87.1M | +24% | +25% |
| Gross profit | $71.5M | +29% | +33% |
| Operating profit | $20.5M | +173% | +108% |
| Net earnings | $34.5M | +436% | — |
| Operating cash flow | $29.6M | +217% | +10% |
What changed
Revenue was $87.1M in Q4 2025, up 25% year over year and up 24% from the previous quarter.
Gross margin was 82.1%, up 5.2 points from a year earlier. Operating profit was $20.5M, a 23.6% margin (up 9.4 points year over year). Of the extra revenue versus a year earlier, 62% reached operating profit, above the 14% margin then. Operating expenses grew 16% against revenue growth of 25%. The fastest-growing cost line was Research & development (+71%). Net earnings were $34.5M. The effective tax rate was -36.4%.
Operating cash flow was $29.6M (up 10% year over year), 86% of net earnings. Non-cash charges added back $2.6M of depreciation and amortization and $4.5M of share-based compensation. Working capital and other items used $12.0M.
Questions
What was Mntn's revenue in the fourth quarter 2025?
Mntn (MNTN) reported revenue of $87.1M for the fourth quarter 2025 (Q4 2025), +25% from a year earlier and +24% from the quarter before.
Was Mntn profitable in the fourth quarter 2025?
Operating profit was $20.5M (23.6% of revenue) and net earnings $34.5M.
Source: Mntn 10-K on SEC EDGAR.