Filing Flows › Super League Enterprise (SLE) › Q4 2025
Super League Enterprise (SLE) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Super League Enterprise (SLE) reported revenue of $3.2M for the fourth quarter 2025 (Q4 2025), -7% from a year earlier and +32% from the quarter before. Operating margin was -100.8%, net loss $10.1M (316.9% of revenue).
Super League Enterprise, Q4 2025: revenue $3.2M (-7% year over year), operating margin -100.8%, net loss $10.1M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2M | +32% | -7% |
| Operating profit | −$3.2M | — | — |
| Net earnings | −$10.1M | — | — |
| Operating cash flow | −$3.9M | — | — |
What changed
Revenue was $3.2M in Q4 2025, down 7% year over year and up 32% from the previous quarter. Advertising and Sponsorships was the largest line at 57% of revenue.
Gross margin was 31.5%, up 2.3 points from Q4 2024. Operating costs exceeded revenue by $3.2M, an operating margin of -100.8%. Operating expenses fell 24% while revenue fell 7%. The quarter ended with a net loss of $10.1M, wider than the previous quarter's $3.6M loss. Net interest and other expense of $6.9M was the main reason.
Operating cash flow was −$3.9M. Non-cash charges added back $586K of depreciation and amortization and $939K of share-based compensation. Working capital and other items added $4.8M.
Questions
What was Super League Enterprise's revenue in the fourth quarter 2025?
Super League Enterprise (SLE) reported revenue of $3.2M for the fourth quarter 2025 (Q4 2025), -7% from a year earlier and +32% from the quarter before.
Was Super League Enterprise profitable in the fourth quarter 2025?
Operating loss was $3.2M (-100.8% of revenue) and net loss $10.1M.