Filing Flows › United States Antimony (UAMY) › Q4 2025
United States Antimony (UAMY) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 19, 2026
United States Antimony (UAMY) reported revenue of $13.0M for the fourth quarter 2025 (Q4 2025), +131% from a year earlier and +50% from the quarter before. Operating margin was -30.1%, net loss $287K (2.2% of revenue).
United States Antimony, Q4 2025: revenue $13.0M (+131% year over year), operating margin -30.1%, net loss $287K, operating cash flow −$3.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.0M | +50% | +131% |
| Operating profit | −$3.9M | — | — |
| Net earnings | −$287K | — | — |
| Operating cash flow | −$3.5M | — | -395% |
What changed
Revenue was $13.0M in Q4 2025, up 131% year over year and up 50% from the previous quarter. Antimony was the largest line at 90% of revenue.
Gross margin was 20.3%, down 1.0 points from Q4 2024. Operating costs exceeded revenue by $3.9M, an operating margin of -30.1%. Operating expenses grew 187% against revenue growth of 131%. The fastest-growing cost line was Other operating costs (+209%). The quarter ended with a net loss of $287K, narrower than the previous quarter's $4.8M loss. Non-operating items added $3.6M, -1266% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$3.5M. Non-cash charges added back $327K of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $5.9M. Capital expenditures of $11.7M exceeded it, leaving free cash flow of −$15.2M.
Questions
What was United States Antimony's revenue in the fourth quarter 2025?
United States Antimony (UAMY) reported revenue of $13.0M for the fourth quarter 2025 (Q4 2025), +131% from a year earlier and +50% from the quarter before.
Was United States Antimony profitable in the fourth quarter 2025?
Operating loss was $3.9M (-30.1% of revenue) and net loss $287K.