---
schema_version: "secwatch.filing_event.v1"
accession: "0001826000-26-000032"
form_type: "8-K"
ticker: "LTCH"
cik: "0001826000"
company_name: "Latch, Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:13:14.601443+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001826000-26-000032
- form_type: 8-K
- ticker: LTCH
- cik: 0001826000
- company_name: Latch, Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826000/000182600026000032/0001826000-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826000/000182600026000032/lat-20260331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826000-26-000032
- JSON: https://secwatch.observer/filing/0001826000-26-000032.json
- Plain text: https://secwatch.observer/filing/0001826000-26-000032.txt

## Key facts
- Earnings Releases
  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
  source text: Total revenue of $70.1 million, a $13.5 million (24%) year-over-year increase
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826000/000182600026000032/0001826000-26-000032-index.htm

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