Filing Flows › Toppoint Holdings (TOPP) › Q4 2025
Toppoint Holdings (TOPP) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 25, 2026
Toppoint Holdings (TOPP) reported revenue of $4.3M for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and -5% from the quarter before. Operating margin was -26.9%, net loss $1.1M (26.6% of revenue).
Toppoint Holdings, Q4 2025: revenue $4.3M (+10% year over year), operating margin -26.9%, net loss $1.1M, operating cash flow −$197K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.3M | -5% | +10% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | −$197K | — | -190% |
What changed
Revenue was $4.3M in Q4 2025, up 10% year over year and down 5% from the previous quarter. Paper was the largest line at 57% of revenue.
Operating costs exceeded revenue by $1.2M, an operating margin of -26.9%. Total costs grew 22% against revenue growth of 10%. The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $4.1M loss.
Operating cash flow was −$197K. Non-cash charges added back $597K of share-based compensation. Working capital and other items added $344K. Capital expenditures of −$658K left free cash flow of $461K.
Questions
What was Toppoint Holdings' revenue in the fourth quarter 2025?
Toppoint Holdings (TOPP) reported revenue of $4.3M for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and -5% from the quarter before.
Was Toppoint Holdings profitable in the fourth quarter 2025?
Operating loss was $1.2M (-26.9% of revenue) and net loss $1.1M.
Source: Toppoint Holdings 10-K on SEC EDGAR.