---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-041713"
form_type: "8-K"
ticker: "ISPR"
cik: "0001948455"
company_name: "Ispire Technology Inc."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T00:40:40.628188+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ispire Q3 FY2025 revenue down 12.7% to $26.2M, net loss widens to $10.9M

## Summary
- Revenue $26.2M vs $30.0M in prior-year quarter (down 12.7%); net loss $10.9M ($0.19/sh) vs $5.9M ($0.11/sh).
- Gross margin fell to 18.2% from 20.4% on unfavorable product mix; accounts receivable reduced to $60.4M from $67.7M.
- Operating expenses rose to $15.4M from $11.8M, driven by restructuring and Malaysia campus transition.
- IKE Tech joint venture filed component PMTA with FDA for blockchain age-gating tech; Malaysia nicotine manufacturing interim license received.
- Launched Sprout all-in-one cannabis vapor device with Raw Garden.

## SEC filing metadata
- accession: 0001213900-25-041713
- form_type: 8-K
- ticker: ISPR
- cik: 0001948455
- company_name: Ispire Technology Inc.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1948455/000121390025041713/0001213900-25-041713-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1948455/000121390025041713/ea0241661-8k_ispire.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-041713
- JSON: https://secwatch.observer/filing/0001213900-25-041713.json
- Plain text: https://secwatch.observer/filing/0001213900-25-041713.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.