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Camp4 Therapeutics (CAMP) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 6, 2025

Camp4 Therapeutics (CAMP) reported revenue of $795K for the third quarter 2025 (Q3 2025) and -47% from the quarter before.

Revenue$795K
Year over year—
Quarter over quarter-47%
Operating margin—
Net earnings−$15.1M

Camp4 Therapeutics, Q3 2025: revenue $795K, net loss $15.1M, operating cash flow −$11.2M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$795K-47%—
Operating profit−$13.7M——
Net earnings−$15.1M——
Operating cash flow−$11.2M——

What changed

Revenue was $795K in Q3 2025, down 47% from the previous quarter.

Operating costs exceeded revenue by $13.7M, an operating margin of -1717.1%. The quarter ended with a net loss of $15.1M, wider than the previous quarter's $12.6M loss.

Operating cash flow was −$11.2M. Non-cash charges added back $416K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $2.5M.

Questions

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

Camp4 Therapeutics (CAMP) reported revenue of $795K for the third quarter 2025 (Q3 2025) and -47% from the quarter before.

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Source: Camp4 Therapeutics 10-Q on SEC EDGAR.