Filing Flows › American Shared Hospital Services (AMS) › Q2 2025
American Shared Hospital Services (AMS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
American Shared Hospital Services (AMS) reported revenue of $7.1M for the second quarter 2025 (Q2 2025), +0.2% from a year earlier and +16% from the quarter before. Operating margin was -7.7%, net loss $478K (6.8% of revenue).
American Shared Hospital Services, Q2 2025: revenue $7.1M (+0.2% year over year), operating margin -7.7%, net loss $478K, operating cash flow −$372K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.1M | +16% | +0.2% |
| Operating profit | −$544K | — | — |
| Net earnings | −$478K | — | — |
| Operating cash flow | −$372K | -115% | — |
What changed
Revenue was $7.1M in Q2 2025, roughly flat year over year and up 16% from the previous quarter. Rental Income from Medical Services was the largest line at 51% of revenue. Patient Income added $343K year over year (up 11%), 2287% of the total change. Rental Income from Medical Services declined 8%.
Gross margin was 23.1%, down 11.9 points from a year earlier. Operating costs exceeded revenue by $544K, an operating margin of -7.7%. Operating expenses fell 12% while revenue was flat. The quarter ended with a net loss of $478K, narrower than the previous quarter's $912K loss. Minority interests bore $198K of it: to shareholders the quarter was a loss of $280K.
Operating cash flow was −$372K. Non-cash charges added back $1.5M of depreciation and amortization and $114K of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of $1.9M exceeded it, leaving free cash flow of −$2.3M.
Questions
What was American Shared Hospital Services' revenue in the second quarter 2025?
American Shared Hospital Services (AMS) reported revenue of $7.1M for the second quarter 2025 (Q2 2025), +0.2% from a year earlier and +16% from the quarter before.
Was American Shared Hospital Services profitable in the second quarter 2025?
Operating loss was $544K (-7.7% of revenue) and net loss $478K.
Source: American Shared Hospital Services 10-Q on SEC EDGAR.