Filing Flows › Opko Health (OPK) › Q3 2025
Opko Health (OPK) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Opko Health (OPK) reported revenue of $152M for the third quarter 2025 (Q3 2025), -13% from a year earlier and -3% from the quarter before. Operating margin was 31.7%, net earnings $21.6M (14.3% of revenue).
Opko Health, Q3 2025: revenue $152M (-13% year over year), operating margin 31.7%, net earnings $21.6M, operating cash flow −$34.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $152M | -3% | -13% |
| Gross profit | $49.9M | +1% | +24% |
| Operating profit | $48.1M | — | — |
| Net earnings | $21.6M | — | -13% |
| Operating cash flow | −$34.6M | — | — |
What changed
Revenue was $151.7M in Q3 2025, down 13% year over year and down 3% from the previous quarter. Service was the largest line at 63% of revenue. Service lost $26.0M year over year (down 21%), 119% of the total change.
Gross margin was 32.9%, up 9.8 points from a year earlier. Operating profit was $48.1M, a 31.7% margin (up 70.4 points year over year). Operating expenses fell 98% while revenue fell 13%. Net earnings were $21.6M, down 13% year over year. The effective tax rate was 47.8%.
Operating cash flow was −$34.6M. Non-cash charges added back $22.7M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $82.0M. Capital expenditures of $3.1M exceeded it, leaving free cash flow of −$37.8M.
Questions
What was Opko Health's revenue in the third quarter 2025?
Opko Health (OPK) reported revenue of $152M for the third quarter 2025 (Q3 2025), -13% from a year earlier and -3% from the quarter before.
Was Opko Health profitable in the third quarter 2025?
Operating profit was $48.1M (31.7% of revenue) and net earnings $21.6M.
Source: Opko Health 10-Q on SEC EDGAR.