Filing Flows › Zoned Properties (ZDPY) › Q4 2025
Zoned Properties (ZDPY) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 1, 2026
Zoned Properties (ZDPY) reported revenue of $1.2M for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and +20% from the quarter before. Operating margin was -243.1%, net loss $3.2M (261.9% of revenue).
Zoned Properties, Q4 2025: revenue $1.2M (-2% year over year), operating margin -243.1%, net loss $3.2M, operating cash flow $120K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | +20% | -2% |
| Operating profit | −$3.0M | -904% | -793% |
| Net earnings | −$3.2M | -2150% | -806% |
| Operating cash flow | $120K | +31% | -2% |
What changed
Revenue was $1.2M in Q4 2025, down 2% year over year and up 20% from the previous quarter. Property Investment Portfolio Revenues was the largest line at 66% of revenue.
Operating costs exceeded revenue by $3.0M, an operating margin of -243.1%. Total costs grew 416% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+447%). The quarter ended with a net loss of $3.2M, after a profit of $155K the previous quarter.
Operating cash flow was $120K (down 2% year over year). Non-cash charges added back $96K of depreciation and amortization and $2K of share-based compensation. Working capital and other items added $3.2M.
Questions
What was Zoned Properties' revenue in the fourth quarter 2025?
Zoned Properties (ZDPY) reported revenue of $1.2M for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and +20% from the quarter before.
Was Zoned Properties profitable in the fourth quarter 2025?
Operating loss was $3.0M (-243.1% of revenue) and net loss $3.2M.
Source: Zoned Properties 10-K on SEC EDGAR.