Filing Flows › Twin Vee PowerCats (VEEE) › Q3 2025
Twin Vee PowerCats (VEEE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Twin Vee PowerCats (VEEE) reported revenue of $3.4M for the third quarter 2025 (Q3 2025), +18% from a year earlier and -28% from the quarter before. Operating margin was -81.0%, net loss $2.8M (80.4% of revenue).
Twin Vee PowerCats, Q3 2025: revenue $3.4M (+18% year over year), operating margin -81.0%, net loss $2.8M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4M | -28% | +18% |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$2.8M | — | — |
| Operating cash flow | −$2.6M | — | — |
What changed
Revenue was $3.4M in Q3 2025, up 18% year over year and down 28% from the previous quarter.
Operating costs exceeded revenue by $2.8M, an operating margin of -81.0%. Total costs grew 3% against revenue growth of 18%. The fastest-growing cost line was Cost of revenue (+14%). The quarter ended with a net loss of $2.8M, wider than the previous quarter's $1.7M loss.
Operating cash flow was −$2.6M. Non-cash charges added back $420K of depreciation and amortization and $64K of share-based compensation. Working capital and other items used $376K. Capital expenditures of $480K exceeded it, leaving free cash flow of −$3.1M.
Questions
What was Twin Vee PowerCats' revenue in the third quarter 2025?
Twin Vee PowerCats (VEEE) reported revenue of $3.4M for the third quarter 2025 (Q3 2025), +18% from a year earlier and -28% from the quarter before.
Was Twin Vee PowerCats profitable in the third quarter 2025?
Operating loss was $2.8M (-81.0% of revenue) and net loss $2.8M.
Source: Twin Vee PowerCats 10-Q on SEC EDGAR.