Consumer robots maker iRobot's Q3 revenue falls less than expected

Reuters11-07
Consumer robots maker iRobot's Q3 revenue falls less than expected

Overview

  • iRobot Q3 2025 revenue fell 25% yr/yr, less than analysts' expectations

  • Company reported a wider net loss for Q3 from the previous year

  • Revenue declines attributed to market headwinds and shipping disruptions

Outlook

  • Company did not provide specific future guidance

Result Drivers

  • MARKET HEADWINDS - CEO Gary Cohen attributes revenue shortfall to ongoing market headwinds

  • PRODUCTION DELAYS - Production delays contributed to revenue shortfall and increased cash usage

  • SHIPPING DISRUPTIONS - Unforeseen shipping disruptions affected revenue and profitability

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$145.80 mln

$136 mln (1 Analyst)

Q3 Net Income

-$21.53 mln

Q3 Gross Profit

$45.25 mln

Q3 Operating Expenses

$62.90 mln

Q3 Operating Income

-$17.70 mln

Analyst Coverage

  • The one available analyst rating on the shares is "hold"

  • The average consensus recommendation for the electronic equipment & parts peer group is "buy."

Press Release: ID:nPn4fLmxya

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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