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OSR Health (OSRH) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 12, 2025

OSR Health (OSRH) reported revenue of $628K for the third quarter 2025 (Q3 2025), -24% from a year earlier and -45% from the quarter before. Operating margin was -605.9%, net loss $3.2M (508.9% of revenue).

Revenue$628K
Year over year-24%
Quarter over quarter-45%
Operating margin-605.9%
Net earnings−$3.2M

OSR Health, Q3 2025: revenue $628K (-24% year over year), operating margin -605.9%, net loss $3.2M, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$628K-45%-24%
Operating profit−$3.8M——
Net earnings−$3.2M——
Operating cash flow−$2.7M——

What changed

Revenue was $628K in Q3 2025, down 24% year over year and down 45% from the previous quarter.

Gross margin was 41.7%, up 19.9 points from a year earlier. Operating costs exceeded revenue by $3.8M, an operating margin of -605.9%. Operating expenses grew 9% against a revenue fall of 24%. The quarter ended with a net loss of $3.2M, narrower than the previous quarter's $5.2M loss. Minority interests bore $1.1M of it: to shareholders the quarter was a loss of $2.1M.

Operating cash flow was −$2.7M. Non-cash charges added back $2.4M of depreciation and amortization. Working capital and other items used $1.9M.

Questions

What was OSR Health's revenue in the third quarter 2025?

OSR Health (OSRH) reported revenue of $628K for the third quarter 2025 (Q3 2025), -24% from a year earlier and -45% from the quarter before.

Was OSR Health profitable in the third quarter 2025?

Operating loss was $3.8M (-605.9% of revenue) and net loss $3.2M.

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Source: OSR Health 10-Q on SEC EDGAR.