Filing Flows › Powercompute (PWCM) › Q4 2025
Powercompute (PWCM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Powercompute (PWCM) reported revenue of $2.4M for the fourth quarter 2025 (Q4 2025), +19% from a year earlier and +9% from the quarter before. Operating margin was -620.7%, net loss $17.9M (756.5% of revenue).
Powercompute, Q4 2025: revenue $2.4M (+19% year over year), operating margin -620.7%, net loss $17.9M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4M | +9% | +19% |
| Operating profit | −$14.7M | — | -775% |
| Net earnings | −$17.9M | — | -2907% |
| Operating cash flow | −$5.2M | — | — |
What changed
Revenue was $2.4M in Q4 2025, up 19% year over year and up 9% from the previous quarter.
Operating costs exceeded revenue by $14.7M, an operating margin of -620.7%. Total costs grew 1400% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+1739%). The quarter ended with a net loss of $17.9M, wider than the previous quarter's $3.7M loss. Minority interests bore $12K of it: to shareholders the quarter was a loss of $17.9M.
Operating cash flow was −$5.2M. Non-cash charges added back $2.1M of depreciation and amortization. Working capital and other items added $10.6M. Capital expenditures of $1.6M exceeded it, leaving free cash flow of −$6.8M.
Questions
What was Powercompute's revenue in the fourth quarter 2025?
Powercompute (PWCM) reported revenue of $2.4M for the fourth quarter 2025 (Q4 2025), +19% from a year earlier and +9% from the quarter before.
Was Powercompute profitable in the fourth quarter 2025?
Operating loss was $14.7M (-620.7% of revenue) and net loss $17.9M.
Source: Powercompute 10-K on SEC EDGAR.