Filing Flows › Reading International (RDI) › Q3 2025
Reading International (RDI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Reading International (RDI) reported revenue of $52.2M for the third quarter 2025 (Q3 2025), -13% from a year earlier and -14% from the quarter before. Operating margin was -0.6%, net loss $4.3M (8.3% of revenue).
Reading International, Q3 2025: revenue $52.2M (-13% year over year), operating margin -0.6%, net loss $4.3M, operating cash flow $295K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52.2M | -14% | -13% |
| Operating profit | −$329K | -111% | — |
| Net earnings | −$4.3M | — | — |
| Operating cash flow | $295K | -81% | -78% |
What changed
Revenue was $52.2M in Q3 2025, down 13% year over year and down 14% from the previous quarter. Cinema was the largest line at 93% of revenue. Cinema lost $7.8M year over year (down 14%), 99% of the total change.
Operating costs exceeded revenue by $329K, an operating margin of -0.6%. Total costs fell 13% while revenue fell 13%. The quarter ended with a net loss of $4.3M, wider than the previous quarter's $2.8M loss. Minority interests bore $148K of it: to shareholders the quarter was a loss of $4.2M. Net interest and other expense of $3.7M was the main reason.
Operating cash flow was $295K (down 78% year over year). Non-cash charges added back $3.2M of depreciation and amortization and $391K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $607K exceeded it, leaving free cash flow of −$312K.
Questions
What was Reading International's revenue in the third quarter 2025?
Reading International (RDI) reported revenue of $52.2M for the third quarter 2025 (Q3 2025), -13% from a year earlier and -14% from the quarter before.
Was Reading International profitable in the third quarter 2025?
Operating loss was $329K (-0.6% of revenue) and net loss $4.3M.