CirTran Reports 75% Growth in Sales and 41% in Gross Profit in Third-Quarter Form 10-Q Filing
Rhea-AI Summary
CirTran (OTCID: CIRX) reported third-quarter results for the period ended September 30, 2025 in its Form 10-Q. Net sales were $448,492, up from $256,070 the prior-year quarter, and gross profit was $177,826, up from $124,998 the prior-year quarter.
Management attributed the improvements to stronger sales across mixed product categories and an exclusive agreement with HUSTLER, while noting ongoing economic slowdown and inflationary pressures that may affect the operating environment. The company emphasized diversification, international expansion, and a focus on innovation as part of its growth strategy during its 32nd anniversary year.
Positive
- Net sales +75% YoY to $448,492 in Q3 2025
- Gross profit +41% YoY to $177,826 in Q3 2025
Negative
- None.
News Market Reaction
On the day this news was published, CIRX declined 29.91%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Financial Highlights for the Third Quarter of Fiscal 2025
-
Net sales were
, up from$448,492 in September of last year.$256,070 -
Gross profit was
, compared with$177,826 in September of last year.$124,998
Iehab J. Hawatmeh, CirTran's founder and president, said the results demonstrate "an important combination of steadiness and stability" as the company continues to strengthen its sales and margin performance despite ongoing economic slowdown and inflationary pressures.
"Our mixed product categories are proving to be somehow recession-free," Hawatmeh said, "which gives us confidence that CirTran can continue to grow even in a challenging economic environment. As consumers cautiously increase discretionary spending, we are seeing renewed activity across the adult lifestyle and entertainment markets we serve through our exclusive agreement with HUSTLER®."
"Even with inflation, individuals who have postponed purchases or limited their entertainment options may help drive a resurgence in both lifestyle and business activity," he added. "CirTran's products will be well-positioned to meet this returning demand."
About CirTran Corporation
Celebrating its 32nd anniversary, CirTran has evolved from its origins as an electronics contract manufacturer into a global producer and distributor of products serving the adult lifestyle and entertainment marketplace. Leveraging strategic partnerships and targeted initiatives, the Company continues to diversify its product portfolio and expand its international footprint. With a renewed focus on innovation and market responsiveness, CirTran is building a platform for sustainable growth in high-demand consumer segments.
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SOURCE CIRTRAN CORPORATION