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Zevra Therapeutics (ZVRA) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 5, 2025

Zevra Therapeutics (ZVRA) reported revenue of $26.1M for the third quarter 2025 (Q3 2025), +605% from a year earlier and +0.7% from the quarter before. Operating margin was 15.9%, net loss $544K (2.1% of revenue).

Revenue$26.1M
Year over year+605%
Quarter over quarter+0.7%
Operating margin15.9%
Net earnings−$544K

Zevra Therapeutics, Q3 2025: revenue $26.1M (+605% year over year), operating margin 15.9%, net loss $544K, operating cash flow $4.7M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$26.1M+0.7%+605%
Operating profit$4.1M——
Net earnings−$544K-101%—
Operating cash flow$4.7M——
Free cash flow$4.2M——

What changed

Revenue was $26.1M in Q3 2025, up 605% year over year and up 1% from the previous quarter.

Operating profit was $4.1M, a 15.9% margin (up 754.9 points year over year). Total costs fell 29% while revenue rose 605%. The quarter ended with a net loss of $544K, after a profit of $74.7M the previous quarter. Net interest and other expense of $5.1M was the main reason.

Operating cash flow was $4.7M. Non-cash charges added back $392K of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $2.1M. Capital expenditures of $554K left free cash flow of $4.2M.

Questions

What was Zevra Therapeutics' revenue in the third quarter 2025?

Zevra Therapeutics (ZVRA) reported revenue of $26.1M for the third quarter 2025 (Q3 2025), +605% from a year earlier and +0.7% from the quarter before.

Was Zevra Therapeutics profitable in the third quarter 2025?

Operating profit was $4.1M (15.9% of revenue) and net loss $544K.

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Source: Zevra Therapeutics 10-Q on SEC EDGAR.