AirIQ Announces December 31, 2025 Quarterly Results

Executive Summary

• AirIQ reported record recurring revenue of $1,601 k for Q3 2025, up 33% YoY.
• Total revenue rose 31% to $1,709 k and gross profit increased 29% to $1,050 k.
• Net income surged 268% to $103 k, driven in part by a recent acquisition adding ~$450 k of annual recurring revenue at a 70% margin.

Key Details

• Recurring Revenue: $1,601 k (↑33% YoY, +$401 k vs. $1,200 k in Q3 2024).
• Total Revenue: $1,709 k (↑31% YoY, +$402 k vs. $1,307 k in Q3 2024).
• Gross Profit: $1,050 k (↑29% YoY, +$233 k vs. $817 k in Q3 2024).
• Net Income: $103 k (↑268% YoY, +$75 k vs. $28 k in Q3 2024).
• Acquisition Impact: Completed acquisition contributed approximately $450 k of annual recurring revenue with a 70% margin.
• Annualized Recurring Revenue: Now exceeds $6.5 million following the acquisition and organic growth.
• Management Commentary: CEO Mike Robb highlighted strong momentum, validation of strategy, and disciplined investment in sales/marketing to scale efficiently.

Notable Quotes

“Our third quarter results demonstrate strong momentum across the business… Achieving record recurring revenue growth of 33% year‑over‑year validates our strategy and the strength of our recurring revenue model.” – Mike Robb, President & CEO

All amounts are in thousands of Canadian dollars unless otherwise noted.