Filing Flows › Tradewinds Universal (TRWD) › Q3 2025
Tradewinds Universal (TRWD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Tradewinds Universal (TRWD) reported revenue of $65K for the third quarter 2025 (Q3 2025), +133% from a year earlier and +227% from the quarter before. Operating margin was -165.3%, net loss $108K (165.3% of revenue).
Tradewinds Universal, Q3 2025: revenue $65K (+133% year over year), operating margin -165.3%, net loss $108K, operating cash flow −$33K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $65K | +227% | +133% |
| Operating profit | −$108K | — | — |
| Net earnings | −$108K | — | — |
| Operating cash flow | −$33K | -2775% | — |
What changed
Revenue was $65K in Q3 2025, up 133% year over year and up 227% from the previous quarter.
Gross margin was 100.0%, up 32.5 points from a year earlier. Operating costs exceeded revenue by $108K, an operating margin of -165.3%. Operating expenses grew 213% against revenue growth of 133%. The fastest-growing cost line was Other operating costs (+214%). The quarter ended with a net loss of $108K, wider than the previous quarter's $25K loss.
Operating cash flow was −$33K. Working capital and other items added $75K.
Questions
What was Tradewinds Universal's revenue in the third quarter 2025?
Tradewinds Universal (TRWD) reported revenue of $65K for the third quarter 2025 (Q3 2025), +133% from a year earlier and +227% from the quarter before.
Was Tradewinds Universal profitable in the third quarter 2025?
Operating loss was $108K (-165.3% of revenue) and net loss $108K.