Filing Flows › Azenta (AZTA) › Q2 FY25
Azenta (AZTA) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 9, 2025
Azenta (AZTA) reported revenue of $143M for the second quarter fiscal 2025 (Q2 FY25), +5% from a year earlier and -3% from the quarter before. Operating margin was -11.3%, net loss $40.5M (28.2% of revenue).
Azenta, Q2 FY25: revenue $143M (+5% year over year), operating margin -11.3%, net loss $40.5M, operating cash flow $14.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $143M | -3% | +5% |
| Operating profit | −$16.2M | — | — |
| Net earnings | −$40.5M | — | — |
| Operating cash flow | $14.4M | -52% | +66% |
| Free cash flow | $7.8M | -63% | 18× |
What changed
Revenue was $143.3M in Q2 FY25, up 5% year over year and down 3% from the previous quarter. Multiomics was the largest line at 44% of revenue. Core Products added $3.1M year over year (up 7%), 45% of the total change.
Gross margin was 43.8%, unchanged from a year earlier. Operating costs exceeded revenue by $16.2M, an operating margin of -11.3%. Operating expenses fell 7% while revenue rose 5%. The quarter ended with a net loss of $40.5M, wider than the previous quarter's $13.3M loss.
Operating cash flow was $14.4M (up 66% year over year). Non-cash charges added back $14.0M of depreciation and amortization and $8.3M of share-based compensation. Working capital and other items added $32.6M. Capital expenditures of $6.6M left free cash flow of $7.8M.
Questions
What was Azenta's revenue in the second quarter fiscal 2025?
Azenta (AZTA) reported revenue of $143M for the second quarter fiscal 2025 (Q2 FY25), +5% from a year earlier and -3% from the quarter before.
Was Azenta profitable in the second quarter fiscal 2025?
Operating loss was $16.2M (-11.3% of revenue) and net loss $40.5M.
Source: Azenta 10-Q on SEC EDGAR.