As of Q3'25, RGTI reported an operating income of -20.5M USD, reflecting a continued operating loss. The year-over-year (YoY) change for this quarter stands at -18.5%, indicating a further deterioration compared to the same period last year. From Q4'22 to Q3'25, RGTI's operating income has consistently remained negative, though the losses narrowed from -26.7M USD in Q4'22 to a low of -16.1M USD in Q2'24. However, after this point, losses began to widen again, reaching -20.5M USD by Q3'25. The YoY growth rate was positive throughout 2023, peaking at 46.3% in Q3'23, but turned negative in late 2024 and 2025, signaling a reversal in operational improvement and highlighting increasing challenges in controlling operating losses.