Filing Flows › Neuraxis (NRXS) › Q4 2025
Neuraxis (NRXS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 19, 2026
Neuraxis (NRXS) reported revenue of $968K for the fourth quarter 2025 (Q4 2025), +27% from a year earlier and +19% from the quarter before. Operating margin was -177.3%, net loss $1.7M (176.5% of revenue).
Neuraxis, Q4 2025: revenue $968K (+27% year over year), operating margin -177.3%, net loss $1.7M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $968K | +19% | +27% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | −$1.9M | — | — |
What changed
Revenue was $1.0M in Q4 2025, up 27% year over year and up 19% from the previous quarter.
Gross margin was 85.4%, down 0.8 points from Q4 2024. Operating costs exceeded revenue by $1.7M, an operating margin of -177.3%. Operating expenses grew 20% against revenue growth of 27%. The fastest-growing cost line was Sales & marketing (+28%). The quarter ended with a net loss of $1.7M, narrower than the previous quarter's $2.1M loss.
Operating cash flow was −$1.9M. Non-cash charges added back $24K of depreciation and amortization and $157K of share-based compensation. Working capital and other items used $407K. Capital expenditures of $6K exceeded it, leaving free cash flow of −$1.9M.
Questions
What was Neuraxis' revenue in the fourth quarter 2025?
Neuraxis (NRXS) reported revenue of $968K for the fourth quarter 2025 (Q4 2025), +27% from a year earlier and +19% from the quarter before.
Was Neuraxis profitable in the fourth quarter 2025?
Operating loss was $1.7M (-177.3% of revenue) and net loss $1.7M.
Source: Neuraxis 10-K on SEC EDGAR.