Filing Flows › QHSLab (USAQ) › Q4 2025
QHSLab (USAQ) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 30, 2026
QHSLab (USAQ) reported revenue of $704K for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -5% from the quarter before. Operating margin was 5.0%, net earnings $557K (79.1% of revenue).
QHSLab, Q4 2025: revenue $704K (+12% year over year), operating margin 5.0%, net earnings $557K, operating cash flow $98K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $704K | -5% | +12% |
| Gross profit | $488K | -1% | +18% |
| Operating profit | $36K | -63% | -51% |
| Net earnings | $557K | 17× | — |
| Operating cash flow | $98K | 38× | +78% |
What changed
Revenue was $704K in Q4 2025, up 12% year over year and down 5% from the previous quarter. Integrated Service Program was the largest line at 48% of revenue.
Gross margin was 69.4%, up 3.5 points from Q4 2024. Operating profit was $36K, a 5.0% margin (down 6.6 points year over year). Operating profit fell $38K even though revenue rose $78K versus Q4 2024, so costs grew faster than sales. Operating expenses grew 34% against revenue growth of 12%. The fastest-growing cost line was Sales & marketing (+52%). Net earnings were $557K. The effective tax rate was 0.0%. Non-operating items added $521K, 94% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $98K (up 78% year over year), 18% of net earnings. Non-cash charges added back $18K of depreciation and amortization. Working capital and other items used $477K.
Questions
What was QHSLab's revenue in the fourth quarter 2025?
QHSLab (USAQ) reported revenue of $704K for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -5% from the quarter before.
Was QHSLab profitable in the fourth quarter 2025?
Operating profit was $36K (5.0% of revenue) and net earnings $557K.
Source: QHSLab 10-K on SEC EDGAR.