Filing Flows › Nuvve Holding (NVVE) › Q4 2025
Nuvve Holding (NVVE) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Nuvve Holding (NVVE) reported revenue of $1.9M for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +22% from the quarter before. Operating margin was -343.9%, net loss $6.3M (323.5% of revenue).
Nuvve Holding, Q4 2025: revenue $1.9M (+9% year over year), operating margin -343.9%, net loss $6.3M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | +22% | +9% |
| Operating profit | −$6.7M | — | — |
| Net earnings | −$6.3M | — | — |
| Operating cash flow | −$4.3M | — | — |
What changed
Revenue was $1.9M in Q4 2025, up 9% year over year and up 22% from the previous quarter. Products was the largest line at 71% of revenue.
Operating costs exceeded revenue by $6.7M, an operating margin of -343.9%. Total costs grew 16% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+221%). The quarter ended with a net loss of $6.3M, wider than the previous quarter's $4.8M loss. Minority interests bore $244K of it: to shareholders the quarter was a loss of $6.1M.
Operating cash flow was −$4.3M. Non-cash charges added back $84K of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $354K.
Questions
What was Nuvve Holding's revenue in the fourth quarter 2025?
Nuvve Holding (NVVE) reported revenue of $1.9M for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +22% from the quarter before.
Was Nuvve Holding profitable in the fourth quarter 2025?
Operating loss was $6.7M (-343.9% of revenue) and net loss $6.3M.
Source: Nuvve Holding 10-K on SEC EDGAR.