Filing Flows › Venu Holding (VENU) › Q4 2025
Venu Holding (VENU) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Venu Holding (VENU) reported revenue of $4.5M for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and -16% from the quarter before. Operating margin was -161.6%, net loss $9.8M (215.5% of revenue).
Venu Holding, Q4 2025: revenue $4.5M (+6% year over year), operating margin -161.6%, net loss $9.8M, operating cash flow $12.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5M | -16% | +6% |
| Operating profit | −$7.3M | — | — |
| Net earnings | −$9.8M | — | — |
| Operating cash flow | $12.8M | +104% | — |
What changed
Revenue was $4.5M in Q4 2025, up 6% year over year and down 16% from the previous quarter. Food and Beverage was the largest line at 64% of revenue.
Operating costs exceeded revenue by $7.3M, an operating margin of -161.6%. Total costs grew 11% against revenue growth of 6%. The quarter ended with a net loss of $9.8M, wider than the previous quarter's $9.3M loss. Minority interests bore $1.5M of it: to shareholders the quarter was a loss of $8.3M.
Operating cash flow was $12.8M. Non-cash charges added back $2.1M of depreciation and amortization. Working capital and other items added $20.5M. Capital expenditures of $65.2M exceeded it, leaving free cash flow of −$52.4M.
Questions
What was Venu Holding's revenue in the fourth quarter 2025?
Venu Holding (VENU) reported revenue of $4.5M for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and -16% from the quarter before.
Was Venu Holding profitable in the fourth quarter 2025?
Operating loss was $7.3M (-161.6% of revenue) and net loss $9.8M.
Source: Venu Holding 10-K on SEC EDGAR.