iRobot revenue drops again with 'no sources' of additional capital

iRobot reported a significant decline in its Q3 2025 revenue, bringing in $145.8 million—a 24.6% drop compared to $193.4 million in Q3 2024—continuing a downward trend from the previous quarter. The company cited ongoing market challenges, production delays, and shipping disruptions as key factors behind the revenue shortfall, which also increased cash usage and pressured profitability. Geographically, revenue fell 33% in the U.S., 13% in EMEA, and 9% in Japan year-over-year, with mid-tier and premium robot sales comprising a smaller share of total sales than the previous year. Critically, iRobot disclosed in an SEC filing that it currently has no sources for additional capital, raising “substantial doubt” about its ability to continue operations without new funding, potentially leading to bankruptcy. Founded in 1990 and a pioneer in robot vacuums with over 50 million Roombas sold, iRobot has