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Camp4 Therapeutics (CAMP) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 14, 2025

Camp4 Therapeutics (CAMP) reported revenue of $1.5M for the second quarter 2025 (Q2 2025) and +74% from the quarter before. Operating margin was -870.3%, net loss $12.6M (840.8% of revenue).

Revenue$1.5M
Year over year—
Quarter over quarter+74%
Operating margin-870.3%
Net earnings−$12.6M

Camp4 Therapeutics, Q2 2025: revenue $1.5M, operating margin -870.3%, net loss $12.6M, operating cash flow −$10.3M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$1.5M+74%—
Operating profit−$13.0M——
Net earnings−$12.6M——
Operating cash flow−$10.3M——

What changed

Revenue was $1.5M in Q2 2025, up 74% from the previous quarter.

Operating costs exceeded revenue by $13.0M, an operating margin of -870.3%. The quarter ended with a net loss of $12.6M, wider than the previous quarter's $12.4M loss.

Operating cash flow was −$10.3M. Non-cash charges added back $430K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $812K.

Questions

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

Camp4 Therapeutics (CAMP) reported revenue of $1.5M for the second quarter 2025 (Q2 2025) and +74% from the quarter before.

Was Camp4 Therapeutics profitable in the second quarter 2025?

Operating loss was $13.0M (-870.3% of revenue) and net loss $12.6M.

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Source: Camp4 Therapeutics 10-Q on SEC EDGAR.