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Stemtech (STEK) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 19, 2025

Stemtech (STEK) reported revenue of $852K for the third quarter 2025 (Q3 2025), -17% from a year earlier and +22% from the quarter before. Operating margin was -39.8%, net loss $813K (95.3% of revenue).

Revenue$852K
Year over year-17%
Quarter over quarter+22%
Operating margin-39.8%
Net earnings−$813K

Stemtech, Q3 2025: revenue $852K (-17% year over year), operating margin -39.8%, net loss $813K, operating cash flow $25K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$852K+22%-17%
Operating profit−$339K——
Net earnings−$813K——
Operating cash flow$25K-67%—

What changed

Revenue was $852K in Q3 2025, down 17% year over year and up 22% from the previous quarter.

Gross margin was 80.1%, up 16.9 points from a year earlier. Operating costs exceeded revenue by $339K, an operating margin of -39.8%. Operating expenses fell 25% while revenue fell 17%. The quarter ended with a net loss of $813K, wider than the previous quarter's $296K loss. Minority interests bore $3K of it: to shareholders the quarter was a loss of $809K. Net interest and other expense of $473K was the main reason.

Operating cash flow was $25K. Non-cash charges added back $42K of depreciation and amortization and $111K of share-based compensation. Working capital and other items added $685K.

Questions

What was Stemtech's revenue in the third quarter 2025?

Stemtech (STEK) reported revenue of $852K for the third quarter 2025 (Q3 2025), -17% from a year earlier and +22% from the quarter before.

Was Stemtech profitable in the third quarter 2025?

Operating loss was $339K (-39.8% of revenue) and net loss $813K.

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Source: Stemtech 10-Q on SEC EDGAR.