Filing Flows › RCM Technologies (RCMT) › Q3 2025
RCM Technologies (RCMT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
RCM Technologies (RCMT) reported revenue of $70.3M for the third quarter 2025 (Q3 2025), +16% from a year earlier and -10% from the quarter before. Operating margin was 5.6%, net earnings $2.3M (3.2% of revenue).
RCM Technologies, Q3 2025: revenue $70.3M (+16% year over year), operating margin 5.6%, net earnings $2.3M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $70.3M | -10% | +16% |
| Gross profit | $19.4M | -13% | +9% |
| Operating profit | $3.9M | -40% | -10% |
| Net earnings | $2.3M | -40% | -18% |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $70.3M in Q3 2025, up 16% year over year and down 10% from the previous quarter. Engineering Services was the largest line at 45% of revenue. Engineering Services added $7.2M year over year (up 30%), 73% of the total change. Technology Service declined 8%.
Gross margin was 27.6%, down 1.9 points from a year earlier. Operating profit was $3.9M, a 5.6% margin (down 1.7 points year over year). Operating profit fell $447K even though revenue rose $9.9M versus a year earlier, so costs grew faster than sales. Operating expenses grew 15% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+23%). Net earnings were $2.3M, down 18% year over year. The effective tax rate was 32.0%.
Operating cash flow was −$1.3M. Non-cash charges added back $539K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $5.1M. Capital expenditures of $498K exceeded it, leaving free cash flow of −$1.8M.
Questions
What was RCM Technologies' revenue in the third quarter 2025?
RCM Technologies (RCMT) reported revenue of $70.3M for the third quarter 2025 (Q3 2025), +16% from a year earlier and -10% from the quarter before.
Was RCM Technologies profitable in the third quarter 2025?
Operating profit was $3.9M (5.6% of revenue) and net earnings $2.3M.
Source: RCM Technologies 10-Q on SEC EDGAR.