Filing Flows › Scilex Holding (SCLX) › Q3 2025
Scilex Holding (SCLX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Scilex Holding (SCLX) reported revenue of $10.6M for the third quarter 2025 (Q3 2025), -27% from a year earlier and +7% from the quarter before.
Scilex Holding, Q3 2025: revenue $10.6M (-27% year over year), net loss $258M, operating cash flow $8.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.6M | +7% | -27% |
| Operating profit | −$187M | — | — |
| Net earnings | −$258M | — | — |
| Operating cash flow | $8.2M | +17% | +61% |
What changed
Revenue was $10.6M in Q3 2025, down 27% year over year and up 7% from the previous quarter.
Operating costs exceeded revenue by $186.5M, an operating margin of -1766.2%. Total costs grew 474% against a revenue fall of 27%. The quarter ended with a net loss of $257.8M, wider than the previous quarter's $44.0M loss.
Operating cash flow was $8.2M (up 61% year over year). Non-cash charges added back $1.0M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $261.8M.
Questions
What was Scilex Holding's revenue in the third quarter 2025?
Scilex Holding (SCLX) reported revenue of $10.6M for the third quarter 2025 (Q3 2025), -27% from a year earlier and +7% from the quarter before.
Source: Scilex Holding 10-Q on SEC EDGAR.