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Rubber Leaf (RLEA) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 6, 2026

Rubber Leaf (RLEA) reported revenue of $3.8M for the fourth quarter 2025 (Q4 2025), up 275-fold from a year earlier and +229% from the quarter before. Operating margin was -31.0%, net earnings $3.8M (101.0% of revenue).

Revenue$3.8M
Year over year275×
Quarter over quarter+229%
Operating margin-31.0%
Net earnings$3.8M

Rubber Leaf, Q4 2025: revenue $3.8M (275× year over year), operating margin -31.0%, net earnings $3.8M, operating cash flow −$28K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$3.8M+229%275×
Operating profit−$1.2M——
Net earnings$3.8M——
Operating cash flow−$28K——

What changed

Revenue was $3.8M in Q4 2025, up 27426% year over year and up 229% from the previous quarter.

Gross margin was 33.0%. Operating costs exceeded revenue by $1.2M, an operating margin of -31.0%. Net earnings were $3.8M. Non-operating items added $224K, -24% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$28K. Working capital and other items used $3.8M.

Questions

What was Rubber Leaf's revenue in the fourth quarter 2025?

Rubber Leaf (RLEA) reported revenue of $3.8M for the fourth quarter 2025 (Q4 2025), up 275-fold from a year earlier and +229% from the quarter before.

Was Rubber Leaf profitable in the fourth quarter 2025?

Operating loss was $1.2M (-31.0% of revenue) and net earnings $3.8M.

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Source: Rubber Leaf 10-K on SEC EDGAR.