Filing Flows › High Roller Technologies (ROLR) › Q3 2025
High Roller Technologies (ROLR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
High Roller Technologies (ROLR) reported revenue of $6.3M for the third quarter 2025 (Q3 2025), -16% from a year earlier and +8% from the quarter before. Operating margin was 1.3%, net earnings $3.7M (58.4% of revenue).
High Roller Technologies, Q3 2025: revenue $6.3M (-16% year over year), operating margin 1.3%, net earnings $3.7M, operating cash flow −$78K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.3M | +8% | -16% |
| Operating profit | $80K | — | — |
| Net earnings | $3.7M | — | — |
| Operating cash flow | −$78K | — | — |
What changed
Revenue was $6.3M in Q3 2025, down 16% year over year and up 8% from the previous quarter. Net gaming revenue was the largest line at 77% of revenue. Net gaming revenue lost $1.6M year over year (down 25%), 130% of the total change.
Operating profit was $80K, a 1.3% margin (up 7.6 points year over year). Total costs fell 22% while revenue fell 16%. Net earnings were $3.7M. The tax line was a benefit of $3.6M on pre-tax earnings of $25K.
Operating cash flow was −$78K. Non-cash charges added back $97K of depreciation and amortization and $333K of share-based compensation. Working capital and other items used $4.2M. Capital expenditures of $12K exceeded it, leaving free cash flow of −$90K.
Questions
What was High Roller Technologies' revenue in the third quarter 2025?
High Roller Technologies (ROLR) reported revenue of $6.3M for the third quarter 2025 (Q3 2025), -16% from a year earlier and +8% from the quarter before.
Was High Roller Technologies profitable in the third quarter 2025?
Operating profit was $80K (1.3% of revenue) and net earnings $3.7M.