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Volitionrx (VNRX) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Volitionrx (VNRX) reported revenue of $627K for the third quarter 2025 (Q3 2025), +32% from a year earlier and +54% from the quarter before. Operating margin was -813.2%, net loss $5.4M (862.4% of revenue).

Revenue$627K
Year over year+32%
Quarter over quarter+54%
Operating margin-813.2%
Net earnings−$5.4M

Volitionrx, Q3 2025: revenue $627K (+32% year over year), operating margin -813.2%, net loss $5.4M, operating cash flow −$3.6M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$627K+54%+32%
Operating profit−$5.1M——
Net earnings−$5.4M——
Operating cash flow−$3.6M——

What changed

Revenue was $627K in Q3 2025, up 32% year over year and up 54% from the previous quarter.

Operating costs exceeded revenue by $5.1M, an operating margin of -813.2%. Total costs fell 10% while revenue rose 32%. The fastest-growing cost line was General & admin (+37%). The quarter ended with a net loss of $5.4M, narrower than the previous quarter's $6.3M loss. Minority interests bore $31K of it: to shareholders the quarter was a loss of $5.4M.

Operating cash flow was −$3.6M. Non-cash charges added back $248K of depreciation and amortization and $609K of share-based compensation. Working capital and other items added $922K.

Questions

What was Volitionrx's revenue in the third quarter 2025?

Volitionrx (VNRX) reported revenue of $627K for the third quarter 2025 (Q3 2025), +32% from a year earlier and +54% from the quarter before.

Was Volitionrx profitable in the third quarter 2025?

Operating loss was $5.1M (-813.2% of revenue) and net loss $5.4M.

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Source: Volitionrx 10-Q on SEC EDGAR.