Filing Flows › Cerus (CERS) › Q2 2025
Cerus (CERS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Cerus (CERS) reported revenue of $52.4M for the second quarter 2025 (Q2 2025) and +21% from the quarter before. Operating margin was -6.5%, net loss $5.7M (10.9% of revenue).
Cerus, Q2 2025: revenue $52.4M, operating margin -6.5%, net loss $5.7M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52.4M | +21% | — |
| Operating profit | −$3.4M | — | — |
| Net earnings | −$5.7M | — | — |
| Operating cash flow | −$2.4M | — | — |
What changed
Revenue was $52.4M in Q2 2025, up 21% from the previous quarter.
Operating costs exceeded revenue by $3.4M, an operating margin of -6.5%. The quarter ended with a net loss of $5.7M, narrower than the previous quarter's $7.7M loss.
Operating cash flow was −$2.4M. Non-cash charges added back $344K of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items used $2.8M. Capital expenditures of $477K exceeded it, leaving free cash flow of −$2.9M.
Questions
What was Cerus' revenue in the second quarter 2025?
Cerus (CERS) reported revenue of $52.4M for the second quarter 2025 (Q2 2025) and +21% from the quarter before.
Was Cerus profitable in the second quarter 2025?
Operating loss was $3.4M (-6.5% of revenue) and net loss $5.7M.
Source: Cerus 10-Q on SEC EDGAR.