Latch Inc. $(DOOR)$ reported its earnings for the third quarter (Q3) ended September 30, 2025. Software revenue for the period was USD 5.37 million, representing a 5.8% increase. Adjusted EBITDA for Q3 2025 was negative USD 12.0 million. During the quarter, Latch Inc. completed a rebranding initiative in August 2025 and now operates under the trade name DOOR, although its legal name remains Latch, Inc. The company continues to focus on its integrated ecosystem of hardware, software, and services targeting the multifamily rental market. Its core offering is the proprietary, cloud-based DOOR Platform, which manages a suite of smart access control and smart home devices and integrates with other connected building devices.

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