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OneMedNet (ONMD) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 14, 2025

OneMedNet (ONMD) reported revenue of $177K for the third quarter 2025 (Q3 2025), +25% from a year earlier and +14% from the quarter before.

Revenue$177K
Year over year+25%
Quarter over quarter+14%
Operating margin—
Net earnings−$741K

OneMedNet, Q3 2025: revenue $177K (+25% year over year), net loss $741K, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$177K+14%+25%
Operating profit−$2.2M——
Net earnings−$741K-125%—
Operating cash flow−$1.7M——

What changed

Revenue was $177K in Q3 2025, up 25% year over year and up 14% from the previous quarter.

Operating costs exceeded revenue by $2.2M, an operating margin of -1262.7%. Total costs fell 3% while revenue rose 25%. The fastest-growing cost line was Sales & marketing (+117%). The quarter ended with a net loss of $741K, after a profit of $3.0M the previous quarter. Non-operating items added $1.5M, -202% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$1.7M. Non-cash charges added back $10K of depreciation and amortization and $142K of share-based compensation. Working capital and other items used $1.2M.

Questions

What was OneMedNet's revenue in the third quarter 2025?

OneMedNet (ONMD) reported revenue of $177K for the third quarter 2025 (Q3 2025), +25% from a year earlier and +14% from the quarter before.

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Source: OneMedNet 10-Q on SEC EDGAR.