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Camp4 Therapeutics (CAMP) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 13, 2025

Camp4 Therapeutics (CAMP) reported revenue of $858K for the first quarter 2025 (Q1 2025) and +32% from the quarter before.

Revenue$858K
Year over year—
Quarter over quarter+32%
Operating margin—
Net earnings−$12.4M

Camp4 Therapeutics, Q1 2025: revenue $858K, net loss $12.4M, operating cash flow −$14.3M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$858K+32%—
Operating profit−$13.1M——
Net earnings−$12.4M——
Operating cash flow−$14.3M——

What changed

Revenue was $858K in Q1 2025, up 32% from the previous quarter.

Operating costs exceeded revenue by $13.1M, an operating margin of -1526.8%. The quarter ended with a net loss of $12.4M, narrower than the previous quarter's $13.3M loss.

Operating cash flow was −$14.3M. Non-cash charges added back $421K of depreciation and amortization and $861K of share-based compensation. Working capital and other items used $3.1M. Capital expenditures of $279K exceeded it, leaving free cash flow of −$14.6M.

Questions

What was Camp4 Therapeutics' revenue in the first quarter 2025?

Camp4 Therapeutics (CAMP) reported revenue of $858K for the first quarter 2025 (Q1 2025) and +32% from the quarter before.

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Source: Camp4 Therapeutics 10-Q on SEC EDGAR.