Filing Flows › Matternet (MTTN) › Q4 FY25
Matternet (MTTN) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-Q filed Nov 13, 2025
Matternet (MTTN) reported revenue of $131K for the fourth quarter fiscal 2025 (Q4 FY25) and +0.4% from the quarter before. Operating margin was -7.4%, net loss $10K (7.4% of revenue).
Matternet, Q4 FY25: revenue $131K, operating margin -7.4%, net loss $10K, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $131K | +0.4% | — |
| Operating profit | −$10K | — | — |
| Net earnings | −$10K | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $131K in Q4 FY25, roughly flat from the previous quarter.
Operating costs exceeded revenue by $10K, an operating margin of -7.4%. The quarter ended with a net loss of $10K, narrower than the previous quarter's $2.3M loss.
Operating cash flow was −$2.0M. Non-cash charges added back $65K of depreciation and $170K of share-based compensation. Working capital and other items used $2.3M. Capital expenditures of −$126K exceeded it, leaving free cash flow of −$1.9M.
Questions
What was Matternet's revenue in the fourth quarter fiscal 2025?
Matternet (MTTN) reported revenue of $131K for the fourth quarter fiscal 2025 (Q4 FY25) and +0.4% from the quarter before.
Was Matternet profitable in the fourth quarter fiscal 2025?
Operating loss was $10K (-7.4% of revenue) and net loss $10K.
Source: Matternet 10-Q on SEC EDGAR.