Filing Flows › Safe Pro Group (SPAI) › Q3 2025
Safe Pro Group (SPAI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Safe Pro Group (SPAI) reported revenue of $101K for the third quarter 2025 (Q3 2025), -69% from a year earlier and +9% from the quarter before.
Safe Pro Group, Q3 2025: revenue $101K (-69% year over year), net loss $5.0M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $101K | +9% | -69% |
| Operating profit | −$4.2M | — | — |
| Net earnings | −$5.0M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $101K in Q3 2025, down 69% year over year and up 9% from the previous quarter. Product was the largest line at 80% of revenue. Service lost $212K year over year (down 91%), 92% of the total change.
Gross margin was 33.1%, down 7.5 points from a year earlier. Operating costs exceeded revenue by $4.2M, an operating margin of -4148.6%. Operating expenses grew 15% against a revenue fall of 69%. The fastest-growing cost line was SG&A (+44%). The quarter ended with a net loss of $5.0M, wider than the previous quarter's $1.9M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $92K of depreciation and amortization. Working capital and other items added $3.4M. Capital expenditures of $5K exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Safe Pro Group's revenue in the third quarter 2025?
Safe Pro Group (SPAI) reported revenue of $101K for the third quarter 2025 (Q3 2025), -69% from a year earlier and +9% from the quarter before.
Source: Safe Pro Group 10-Q on SEC EDGAR.