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RTB Digital (RTB) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Apr 15, 2026

RTB Digital (RTB) reported revenue of $2.8M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +0.3% from the quarter before. Operating margin was -130.8%, net loss $4.4M (157.9% of revenue).

Revenue$2.8M
Year over year+4%
Quarter over quarter+0.3%
Operating margin-130.8%
Net earnings−$4.4M

RTB Digital, Q4 2025: revenue $2.8M (+4% year over year), operating margin -130.8%, net loss $4.4M, operating cash flow −$16.8M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$2.8M+0.3%+4%
Operating profit−$3.7M——
Net earnings−$4.4M——
Operating cash flow−$16.8M—-913%

What changed

Revenue was $2.8M in Q4 2025, up 4% year over year and roughly flat from the previous quarter.

Gross margin was 47.5%, up 8.4 points from Q4 2024. Operating costs exceeded revenue by $3.7M, an operating margin of -130.8%. Operating expenses fell 36% while revenue rose 4%. The fastest-growing cost line was General & admin (+194%). The quarter ended with a net loss of $4.4M, wider than the previous quarter's $2.0M loss.

Operating cash flow was −$16.8M. Non-cash charges added back $168K of depreciation and amortization and $260K of share-based compensation. Working capital and other items used $12.9M. Capital expenditures of $3K exceeded it, leaving free cash flow of −$16.8M.

Questions

What was RTB Digital's revenue in the fourth quarter 2025?

RTB Digital (RTB) reported revenue of $2.8M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +0.3% from the quarter before.

Was RTB Digital profitable in the fourth quarter 2025?

Operating loss was $3.7M (-130.8% of revenue) and net loss $4.4M.

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Source: RTB Digital 10-K on SEC EDGAR.