InnVenture 2025 Q3 Earnings Net Loss Widens 354.6%

InnVenture (INV), ranked by market capitalization, reported its fiscal 2025 Q3 earnings on Nov 14, 2025. The results marked a significant deterioration in profitability, with a net loss expanding 354.6% year-over-year and no adjustments to prior guidance.

Revenue

The total revenue of InnVenture surged 68.5% to $534,000 in 2025 Q3, up from $317,000 in 2024 Q3. The Technology segment drove the increase with $507,000 in revenue, while the Other segment contributed $54,000. However, an elimination of management services reduced the total by $27,000, leading to consolidated revenues of $534,000.

Earnings/Net Income

InnVenture’s losses deepened to $0.50 per share in 2025 Q3, compared to a $0.15 loss per share in 2024 Q3, representing a 244.0% wider loss. The company’s net loss widened to $34.73 million, a 354.6% increase from the $7.64 million loss in 2024 Q3. The EPS of -$0.50 reflects a significant deterioration in profitability, with the net loss expanding 354.6% year-over-year.

Post-Earnings Price Action Review

The stock price of InnVenture showed mixed short-term performance, edging down 0.00% during the latest trading day, despite a 10.15% surge during the most recent full trading week and a 15.67% month-to-date rally.

CEO Commentary

Bill Haskell, CEO of InnVenture, highlighted Accelsius’s accelerated momentum in data center liquid cooling, with a 79% quarter-over-quarter growth in its $1 billion+ opportunity pipeline. Strategic investments, including the Johnson Controls $25 million partnership, underscored the company’s market-leading two-phase cooling technology. AeroFlexx’s fifth consecutive revenue quarter and industry recognitions, alongside Refinity’s progress in plastic waste conversion, reinforced the CEO’s optimism about the value creation model. Haskell noted $160 million in deployed capital generating $860 million in net assets and emphasized disciplined scaling.

Guidance

InnVenture reported Q3 2025 revenue of $534,000 (GAAP) and a net loss of $34.7 million, with adjusted EBITDA of -$17.5 million. The company ended the quarter with $14.1 million in cash, secured $25 million in strategic capital, and outlined $15 million in convertible debentures and a $9.8 million private placement. CEO Bill Haskell reiterated confidence in exceeding 2025 bookings and 2026 revenue targets, emphasizing scalability and North American supply chain partnerships.

Additional News

InnVenture secured a $25 million strategic partnership with Johnson Controls, validating its two-phase cooling technology. The company also announced $15 million in convertible debentures and a $9.8 million private placement to fund operations. While no major M&A activity or C-level changes were reported, the Johnson Controls partnership and capital raises highlight strategic moves to scale its market-changing businesses. Dividend or buyback initiatives were not disclosed, with the focus remaining on operational growth and capital deployment.

Note: No additional non-earnings-related news was disclosed in the three weeks preceding the earnings report.