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Altimmune (ALT) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 12, 2025

Altimmune (ALT) reported revenue of $5K for the second quarter 2025 (Q2 2025), 0% from a year earlier and 0% from the quarter before.

Revenue$5K
Year over year0%
Quarter over quarter0%
Operating margin—
Net earnings−$22.1M

Altimmune, Q2 2025: revenue $5K (0% year over year), net loss $22.1M, operating cash flow −$19.4M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$5K0%0%
Operating profit−$22.9M——
Net earnings−$22.1M——
Operating cash flow−$19.4M——

What changed

Revenue was $5K in Q2 2025, roughly flat year over year and roughly flat from the previous quarter.

Operating costs exceeded revenue by $22.9M, an operating margin of -458440.0%. Total costs fell 14% while revenue was flat. The quarter ended with a net loss of $22.1M, wider than the previous quarter's $19.6M loss.

Operating cash flow was −$19.4M. Non-cash charges added back $30K of depreciation and $3.6M of share-based compensation.

Questions

What was Altimmune's revenue in the second quarter 2025?

Altimmune (ALT) reported revenue of $5K for the second quarter 2025 (Q2 2025), 0% from a year earlier and 0% from the quarter before.

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Source: Altimmune 10-Q on SEC EDGAR.