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Door
Door (LTCH) investor relations material
Door Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary11 Feb, 2026
Executive summary
Rebranded as DOOR in August 2025, focusing on integrated hardware, software, and services for multifamily buildings, with expansion into smart home and property management solutions.
Achieved current SEC reporting status for the first time since mid-2022 after completing restatements and timely filings for 2023–2025.
Operates as a single reportable segment, with all revenue and performance metrics consolidated.
Shares currently trade on OTC Markets; plans underway to move to OTC Pink Limited Market and apply to OTCID Market.
Financial highlights
Total revenue for Q3 2025 was $17.4M, up 17% year-over-year; nine-month revenue was $52.3M, up 31%.
Net loss for Q3 2025 was $6.6M, a 61% improvement year-over-year; nine-month net loss was $25.7M, a 46% improvement.
Adjusted EBITDA for Q3 2025 was $(4.6)M, a 62% improvement; nine-month Adjusted EBITDA was $(17.6)M, a 31% improvement.
Hardware revenue grew 42.5% in Q3 2025; professional services revenue up 10.5%; software revenue up 6%.
Operating expenses dropped to $14.0M, a 40% year-over-year reduction.
Outlook and guidance
Management expects current cash and investments to fund operations for at least 12 months from the report date.
Focused on completing the 2025 Annual Report and evaluating options for future trading or listing on higher-tier markets.
Ongoing focus on cost discipline, inventory management, and liquidity preservation.
Timeline for OTCID Market application?
Explain software vs total revenue growth disparity
Future of non-ordinary legal fees?
Partial view of Summaries dataset, powered by Quartr API
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Next Door earnings date
Q4 202524 Feb, 2026
Door
Next Door earnings date
Q4 202524 Feb, 2026
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Frequently asked questions
Latch, Inc. operates as an enterprise technology company in the United States and Canada. It offers LatchOS, an operating system that extends smart access, delivery and guest management, smart home and sensors, connectivity, and personalization and services. The company’s hardware products include Latch M Access Units for electronic access to units or buildings; Latch M Reader to replace standard lock boxes for real estate entrance systems; Latch M Doorbell Camera for recording videos through a camera; and Latch M Power Recessed that provides power to interior doors or light fixtures. Its other products comprise Latch R Access Readers that offer brand-specific visual identity devices, such as onsite touch screens, digital signage, or tablet screens; and Latch R Access Direct that enables access through phone and pin entry. The company also provides software applications include intercom application with two-way audio communication; release box guest access system online booking portal; property operations dashboard for facilities managers’ occupancy status and tenant messaging; visitor management solution with configurable approval workflows and notifications; package tracking allowing tenants to schedule deliveries based on availability; and mobile application featuring digital keys/credentials including wireless Bluetooth access credentials to enter a building.
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