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LQR House (YHC) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 14, 2025

LQR House (YHC) reported revenue of $337K for the third quarter 2025 (Q3 2025), -46% from a year earlier and -32% from the quarter before.

Revenue$337K
Year over year-46%
Quarter over quarter-32%
Operating margin—
Net earnings−$16.8M

LQR House, Q3 2025: revenue $337K (-46% year over year), net loss $16.8M, operating cash flow −$11.3M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$337K-32%-46%
Operating profit−$3.8M——
Net earnings−$16.8M——
Operating cash flow−$11.3M——

What changed

Revenue was $337K in Q3 2025, down 46% year over year and down 32% from the previous quarter. Product was the largest line at 94% of revenue. Product lost $276K year over year (down 47%), 96% of the total change.

Gross margin was 0.4%. Operating costs exceeded revenue by $3.8M, an operating margin of -1134.8%. The fastest-growing cost line was General & admin (+128%). The quarter ended with a net loss of $16.8M, wider than the previous quarter's $2.2M loss. Net interest and other expense of $13.0M was the main reason.

Operating cash flow was −$11.3M. Working capital and other items added $5.6M.

Questions

What was LQR House's revenue in the third quarter 2025?

LQR House (YHC) reported revenue of $337K for the third quarter 2025 (Q3 2025), -46% from a year earlier and -32% from the quarter before.

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Source: LQR House 10-Q on SEC EDGAR.