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RenX Enterprises (RENX) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Apr 1, 2026

RenX Enterprises (RENX) reported revenue of $3.3M for the fourth quarter 2025 (Q4 2025), up 96-fold from a year earlier and -7% from the quarter before. Operating margin was -119.4%, net loss $28.2M (859.0% of revenue).

Revenue$3.3M
Year over year96×
Quarter over quarter-7%
Operating margin-119.4%
Net earnings−$28.2M

RenX Enterprises, Q4 2025: revenue $3.3M (96× year over year), operating margin -119.4%, net loss $28.2M, operating cash flow −$6.8M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$3.3M-7%96×
Operating profit−$3.9M——
Net earnings−$28.2M——
Operating cash flow−$6.8M——

What changed

Revenue was $3.3M in Q4 2025, up 9457% year over year and down 7% from the previous quarter.

Gross margin was 28.4%. Operating costs exceeded revenue by $3.9M, an operating margin of -119.4%. The fastest-growing cost line was Sales & marketing (+362%). The quarter ended with a net loss of $28.2M, wider than the previous quarter's $4.4M loss. Minority interests bore $24.5M of it: to shareholders the quarter was a loss of $3.7M. Net interest and other expense of $24.3M was the main reason.

Operating cash flow was −$6.8M. Non-cash charges added back $1.1M of depreciation and amortization. Working capital and other items added $20.3M.

Questions

What was RenX Enterprises' revenue in the fourth quarter 2025?

RenX Enterprises (RENX) reported revenue of $3.3M for the fourth quarter 2025 (Q4 2025), up 96-fold from a year earlier and -7% from the quarter before.

Was RenX Enterprises profitable in the fourth quarter 2025?

Operating loss was $3.9M (-119.4% of revenue) and net loss $28.2M.

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Source: RenX Enterprises 10-K on SEC EDGAR.