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VIQ Solutions
VIQ Solutions (VQS) investor relations material
VIQ Solutions Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary12 Nov, 2025
Executive summary
Achieved sixth consecutive quarter of positive Adjusted EBITDA, with significant margin expansion and operational improvements.
Leadership changes and integration of global systems in Australian operations expected to drive $3.2 million in annual performance improvements.
Secured largest SaaS engagement to date, advancing transition to higher-margin, subscription-based revenue.
Financial highlights
Revenue for Q3 2025 was $10.9 million; nine months ended September 30, 2025, was $31 million, down 5% year-over-year due to late delivery fees in Australia.
Gross margin improved to 47.8% in Q3 (up 1.5 pts) and 49.1% for nine months (up 3.7 pts) year-over-year, driven by automation and productivity gains.
Adjusted EBITDA reached $1.4 million in Q3 (up 72% YoY) and $3.2 million for nine months (up 115% YoY).
Adjusted operating loss for Q3 was $2 million, or $1 million excluding a $1 million restructuring charge; for nine months, $3.5 million, or $2.5 million excluding restructuring.
Net loss for Q3 was $1.7 million; for nine months, $4.5 million.
Outlook and guidance
Management expects continued improvement in gross margins, EBITDA, profitability, and cash flow in 2026, driven by restructuring and operational changes.
Anticipates annualized revenue and cost improvements of $3.2 million from Australian operational integration.
Breakdown of $3.2M Australian performance improvement
Quantify SaaS revenue contribution to total
Allocation of $1.9M private placement funds
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Next VIQ Solutions earnings date
Q4 202527 Mar, 2026
VIQ Solutions
Next VIQ Solutions earnings date
Q4 202527 Mar, 2026
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Frequently asked questions
VIQ Solutions Inc. is a global provider of digital evidence capture, retrieval, and content management solutions. The company's proprietary digital investigation platform, QuaDAR (Quarantine and Data Analysis Response), is designed to perform high density, multi-point 3D imaging of mobile devices, while concurrently removing all data irrelevant to law enforcement investigations. The company's products enable law enforcement officers to manage their digital media with an automated workflow that captures, indexes, and returns evidentiary assets to their jurisdictions in a rapid, secure manner. VIQ Solutions Inc. have deployed systems in Australia, New Zealand, the United States, Canada, and the United Kingdom.
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