InnVenture 2025 Q3 Earnings Net Loss Widens 354.6% Despite EPS Improvement

InnVenture (INV), ranked by market capitalization, reported its fiscal 2025 Q3 earnings on Nov 14, 2025. The company narrowed its per-share loss but saw a significant increase in net loss year-over-year. Management provided qualitative growth guidance, emphasizing commercialization progress and strategic partnerships, though no specific financial targets were outlined.

Revenue

InnVenture’s total revenue surged 68.5% year-over-year to $534,000 in 2025 Q3, driven by robust performance in its Technology segment, which generated $507,000. This was partially offset by the elimination of $27,000 in management services revenue related to Technology operations. The Other segment contributed $54,000, while consolidated revenues totaled $534,000.

Earnings/Net Income

InnVenture reduced its per-share loss to $0.51 in 2025 Q3, a 45.7% improvement from $0.94 in the prior-year period. However, the company’s net loss expanded to $34.73 million, a 354.6% increase from $7.64 million in 2024 Q3. While EPS showed progress, the net loss widened sharply, reflecting operational and financial challenges.

Price Action

Following the earnings release, InnVenture’s stock price declined 2.99% in the latest trading day and 20.78% over the preceding full week. Month-to-date, shares fell 2.41%, indicating sustained investor caution despite management’s optimistic outlook.

Post-earnings price action revealed mixed signals, with short-term volatility underscoring market skepticism about the company’s path to profitability.

CEO Commentary

Bill Haskell, CEO of InnVenture, highlighted momentum across operating companies. Accelsius secured a strategic investment from Johnson Controls and demonstrated 4,500W/GPU thermal performance, with a $1 billion sales pipeline. AeroFlexx achieved its fifth consecutive revenue quarter and expanded through partnerships, including recyclable packaging with ěleeo brands. Refinity is nearing pilot-scale demonstrations. Haskell emphasized value creation through commercialization and a high-quality technology pipeline.

Guidance

InnVenture anticipates revenue growth driven by Accelsius’ liquid cooling solutions, AeroFlexx’ global expansion, and Refinity’s plant readiness by year-end. The company remains focused on scaling industrial enterprises and leveraging a $1 billion pipeline. Risks include market conditions and regulatory compliance, though no specific financial targets were provided.

Additional News

Recent developments include Accelsius’ strategic investment from Johnson Controls, marking a key milestone in its thermal cooling commercialization. AeroFlexx expanded its global footprint via a recyclable packaging partnership with ěleeo brands, enhancing sustainability initiatives. Refinity advanced toward plant site selection, positioning it for potential large-scale operations by year-end. These moves underscore InnVenture’s strategy to scale industrial enterprises and capitalize on high-growth sectors.