Filing Flows › Nocera (NCRA) › Q4 2025
Nocera (NCRA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 15, 2026
Nocera (NCRA) reported revenue of $921K for the fourth quarter 2025 (Q4 2025), -77% from a year earlier and -43% from the quarter before. Operating margin was -58.9%, net loss $651K (70.6% of revenue).
Nocera, Q4 2025: revenue $921K (-77% year over year), operating margin -58.9%, net loss $651K, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $921K | -43% | -77% |
| Operating profit | −$542K | — | — |
| Net earnings | −$651K | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $921K in Q4 2025, down 77% year over year and down 43% from the previous quarter.
Gross margin was 3.1%, down 1.1 points from Q4 2024. Operating costs exceeded revenue by $542K, an operating margin of -58.9%. Operating expenses fell 72% while revenue fell 77%. The quarter ended with a net loss of $651K, narrower than the previous quarter's $1.5M loss. Minority interests bore $11K of it: to shareholders the quarter was a loss of $640K.
Operating cash flow was −$1.5M. Non-cash charges added back $2K of depreciation and amortization and $60K of share-based compensation. Working capital and other items used $870K.
Questions
What was Nocera's revenue in the fourth quarter 2025?
Nocera (NCRA) reported revenue of $921K for the fourth quarter 2025 (Q4 2025), -77% from a year earlier and -43% from the quarter before.
Was Nocera profitable in the fourth quarter 2025?
Operating loss was $542K (-58.9% of revenue) and net loss $651K.
Source: Nocera 10-K on SEC EDGAR.