Latch (DOOR) FY2025 revenue $70.1M (+24% YoY); Adj. EBITDA loss narrows 25%

Latch, Inc.

Total revenue $70.1M, up 24% YoY; software revenue $22.1M, up 9% YoY.
Net loss $(53.7)M, a $3.8M (7%) improvement; includes $16.6M goodwill impairment and $4.9M inventory write-off.
Adjusted EBITDA (non-GAAP) $(27.1)M, an $8.9M (25%) improvement YoY.
Operating expenses $79.6M, down 6% YoY; excluding goodwill impairment, down 25% to $63.0M.
Company rebranded as DOOR; shares trade on OTC under ticker LTCH; name/ticker change expected later.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Latch, Inc. reported the year ended December 31, 2025 results: revenue $70.1 million, net income $(53.7) million.

Period: the year ended December 31, 2025
Revenue: $70.1 million
Net income: $(53.7) million
Result: reported results

Exact text from the filing

Total revenue of $70.1 million, a $13.5 million (24%) year-over-year increase

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Latch, Inc. filing history →

Source: SEC EDGAR

accession 0001826000-26-000032

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