Filing Flows › Chiron Real Estate (XRN) › Q3 2025
Chiron Real Estate (XRN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Chiron Real Estate (XRN) reported revenue of $37.2M for the third quarter 2025 (Q3 2025), +9% from a year earlier and -2% from the quarter before. Operating margin was -13.6%, net loss $5.1M (13.6% of revenue).
Chiron Real Estate, Q3 2025: revenue $37.2M (+9% year over year), operating margin -13.6%, net loss $5.1M, operating cash flow $17.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $37.2M | -2% | +9% |
| Operating profit | −$5.1M | -117% | — |
| Net earnings | −$5.1M | -965% | — |
| Operating cash flow | $17.6M | -21% | +8% |
What changed
Revenue was $37.2M in Q3 2025, up 9% year over year and down 2% from the previous quarter.
Operating costs exceeded revenue by $5.1M, an operating margin of -13.6%. Total costs grew 37% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+41%). The quarter ended with a net loss of $5.1M, after a profit of $585K the previous quarter.
Operating cash flow was $17.6M (up 8% year over year). Non-cash charges added back $11.2M of depreciation and $1.2M of share-based compensation. Working capital and other items added $10.2M.
Questions
What was Chiron Real Estate's revenue in the third quarter 2025?
Chiron Real Estate (XRN) reported revenue of $37.2M for the third quarter 2025 (Q3 2025), +9% from a year earlier and -2% from the quarter before.
Was Chiron Real Estate profitable in the third quarter 2025?
Operating loss was $5.1M (-13.6% of revenue) and net loss $5.1M.
Source: Chiron Real Estate 10-Q on SEC EDGAR.