Filing Flows › Surge Components (SPRS) › Q3 FY25
Surge Components (SPRS) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Oct 15, 2025
Surge Components (SPRS) reported revenue of $10.3M for the third quarter fiscal 2025 (Q3 FY25), +29% from a year earlier and +15% from the quarter before. Operating margin was 6.4%, net earnings $472K (4.6% of revenue).
Surge Components, Q3 FY25: revenue $10.3M (+29% year over year), operating margin 6.4%, net earnings $472K, operating cash flow $99K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.3M | +15% | +29% |
| Gross profit | $2.8M | +6% | +14% |
| Operating profit | $659K | +986% | +23% |
| Net earnings | $472K | +300% | +6% |
| Operating cash flow | $99K | -53% | — |
| Free cash flow | $96K | -6% | — |
What changed
Revenue was $10.3M in Q3 FY25, up 29% year over year and up 15% from the previous quarter.
Gross margin was 27.7%, down 3.5 points from a year earlier. Operating profit was $659K, a 6.4% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 5% reached operating profit, below the 7% margin then. Operating expenses grew 12% against revenue growth of 29%. Net earnings were $472K, up 6% year over year. The effective tax rate was 37.8%.
Operating cash flow was $99K, 21% of net earnings. Non-cash charges added back $18K of depreciation and amortization. Working capital and other items used $391K. Capital expenditures of $4K left free cash flow of $96K.
Questions
What was Surge Components' revenue in the third quarter fiscal 2025?
Surge Components (SPRS) reported revenue of $10.3M for the third quarter fiscal 2025 (Q3 FY25), +29% from a year earlier and +15% from the quarter before.
Was Surge Components profitable in the third quarter fiscal 2025?
Operating profit was $659K (6.4% of revenue) and net earnings $472K.
Source: Surge Components 10-Q on SEC EDGAR.