Filing Flows › Utah Medical Products (UTMD) › Q3 2025
Utah Medical Products (UTMD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Utah Medical Products (UTMD) reported revenue of $9.8M for the third quarter 2025 (Q3 2025), -2% from a year earlier and -1% from the quarter before. Operating margin was 26.6%, net earnings $2.6M (26.8% of revenue).
Utah Medical Products, Q3 2025: revenue $9.8M (-2% year over year), operating margin 26.6%, net earnings $2.6M, operating cash flow $3.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.8M | -1% | -2% |
| Gross profit | $5.6M | +0.2% | -3% |
| Operating profit | $2.6M | -18% | -22% |
| Net earnings | $2.6M | -14% | -26% |
| Operating cash flow | $3.9M | +35% | +0.6% |
| Free cash flow | $3.9M | +36% | +2% |
What changed
Revenue was $9.8M in Q3 2025, down 2% year over year and down 1% from the previous quarter. Gynecology/Electrosurgery/Urology was the largest line at 50% of revenue.
Gross margin was 57.1%, down 0.9 points from a year earlier. Operating profit was $2.6M, a 26.6% margin (down 6.8 points year over year). Operating expenses grew 22% against a revenue fall of 2%. The fastest-growing cost line was SG&A (+24%). Net earnings were $2.6M, down 26% year over year. The effective tax rate was 20.5%. Non-operating items added $698K, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $3.9M (up 1% year over year), 147% of net earnings. Non-cash charges added back $754K of depreciation and amortization and $94K of share-based compensation. Working capital and other items added $399K. Capital expenditures of $27K left free cash flow of $3.9M.
Questions
What was Utah Medical Products' revenue in the third quarter 2025?
Utah Medical Products (UTMD) reported revenue of $9.8M for the third quarter 2025 (Q3 2025), -2% from a year earlier and -1% from the quarter before.
Was Utah Medical Products profitable in the third quarter 2025?
Operating profit was $2.6M (26.6% of revenue) and net earnings $2.6M.