Filing Flows › Marvion (MVNC) › Q3 2025
Marvion (MVNC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Marvion (MVNC) reported revenue of $948K for the third quarter 2025 (Q3 2025), +143% from a year earlier and +7% from the quarter before. Operating margin was 6.7%, net earnings $5K (0.5% of revenue).
Marvion, Q3 2025: revenue $948K (+143% year over year), operating margin 6.7%, net earnings $5K, operating cash flow −$24K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $948K | +7% | +143% |
| Gross profit | $391K | +28% | +99% |
| Operating profit | $63K | +174% | — |
| Net earnings | $5K | -95% | — |
| Operating cash flow | −$24K | — | — |
What changed
Revenue was $948K in Q3 2025, up 143% year over year and up 7% from the previous quarter.
Gross margin was 41.3%, down 9.0 points from a year earlier. Operating profit was $63K, a 6.7% margin (up 103.3 points year over year). Operating expenses fell 43% while revenue rose 143%. Net earnings were $5K. The effective tax rate was 71.1%.
Operating cash flow was −$24K. Non-cash charges added back $66K of depreciation. Working capital and other items used $94K. Capital expenditures of $157K exceeded it, leaving free cash flow of −$180K.
Questions
What was Marvion's revenue in the third quarter 2025?
Marvion (MVNC) reported revenue of $948K for the third quarter 2025 (Q3 2025), +143% from a year earlier and +7% from the quarter before.
Was Marvion profitable in the third quarter 2025?
Operating profit was $63K (6.7% of revenue) and net earnings $5K.
Source: Marvion 10-Q on SEC EDGAR.