Filing Flows › Neonode (NEON) › Q3 2025
Neonode (NEON) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Neonode (NEON) reported revenue of $430K for the third quarter 2025 (Q3 2025), -49% from a year earlier and -28% from the quarter before.
Neonode, Q3 2025: revenue $430K (-49% year over year), net earnings $14.2M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $430K | -28% | -49% |
| Gross profit | $421K | -29% | -48% |
| Operating profit | $13.8M | — | — |
| Net earnings | $14.2M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $430K in Q3 2025, down 49% year over year and down 28% from the previous quarter. License Fees was the largest line at 94% of revenue. License Fees lost $325K year over year (down 44%), 80% of the total change.
Gross margin was 97.9%, up 0.7 points from a year earlier. Operating profit was $13.8M, a 3211.6% margin (up 3357.8 points year over year). Net earnings were $14.2M. The effective tax rate was 0.0%.
Operating cash flow was −$1.5M. Non-cash charges added back $14K of depreciation and amortization. Working capital and other items used $15.7M. Capital expenditures of $75K exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Neonode's revenue in the third quarter 2025?
Neonode (NEON) reported revenue of $430K for the third quarter 2025 (Q3 2025), -49% from a year earlier and -28% from the quarter before.
Source: Neonode 10-Q on SEC EDGAR.