Filing Flows › Marvion (MVNC) › Q4 2025
Marvion (MVNC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Marvion (MVNC) reported revenue of $992K for the fourth quarter 2025 (Q4 2025), +89% from a year earlier and +5% from the quarter before. Operating margin was 6.0%, net earnings $225K (22.7% of revenue).
Marvion, Q4 2025: revenue $992K (+89% year over year), operating margin 6.0%, net earnings $225K, operating cash flow $342K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $992K | +5% | +89% |
| Gross profit | $511K | +31% | +95% |
| Operating profit | $59K | -6% | — |
| Net earnings | $225K | 44× | — |
| Operating cash flow | $342K | — | — |
| Free cash flow | $271K | — | — |
What changed
Revenue was $1.0M in Q4 2025, up 89% year over year and up 5% from the previous quarter.
Gross margin was 51.5%, up 1.6 points from Q4 2024. Operating profit was $59K, a 6.0% margin (up 79.4 points year over year). Operating expenses fell 30% while revenue rose 89%. Net earnings were $225K. The effective tax rate was -17.9%. Non-operating items added $131K, 69% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $342K, 152% of net earnings. Non-cash charges added back $67K of depreciation. Working capital and other items added $50K. Capital expenditures of $71K left free cash flow of $271K.
Questions
What was Marvion's revenue in the fourth quarter 2025?
Marvion (MVNC) reported revenue of $992K for the fourth quarter 2025 (Q4 2025), +89% from a year earlier and +5% from the quarter before.
Was Marvion profitable in the fourth quarter 2025?
Operating profit was $59K (6.0% of revenue) and net earnings $225K.
Source: Marvion 10-K on SEC EDGAR.