Filing Flows › Tron (TRON) › Q3 2025
Tron (TRON) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Tron (TRON) reported revenue of $1.1M for the third quarter 2025 (Q3 2025), +26% from a year earlier and -18% from the quarter before. Operating margin was -59.5%.
Tron, Q3 2025: revenue $1.1M (+26% year over year), operating margin -59.5%, net earnings $12.2M, operating cash flow −$850K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1M | -18% | +26% |
| Operating profit | −$657K | — | — |
| Net earnings | $12.2M | +729% | — |
| Operating cash flow | −$850K | -2180% | — |
What changed
Revenue was $1.1M in Q3 2025, up 26% year over year and down 18% from the previous quarter.
Gross margin was 27.0%, up 4.6 points from a year earlier. Operating costs exceeded revenue by $657K, an operating margin of -59.5%. Operating expenses fell 28% while revenue rose 26%. Net earnings were $12.2M. The effective tax rate was 22.1%. Non-operating items added $16.3M, 104% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$850K. Non-cash charges added back $33K of depreciation and amortization. Working capital and other items used $13.1M.
Questions
What was Tron's revenue in the third quarter 2025?
Tron (TRON) reported revenue of $1.1M for the third quarter 2025 (Q3 2025), +26% from a year earlier and -18% from the quarter before.
Was Tron profitable in the third quarter 2025?
Operating loss was $657K (-59.5% of revenue) and net earnings $12.2M.
Source: Tron 10-Q on SEC EDGAR.