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Coya Therapeutics (COYA) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 13, 2025

Coya Therapeutics (COYA) reported revenue of $258K for the first quarter 2025 (Q1 2025), +103% from a year earlier and up 132-fold from the quarter before.

Revenue$258K
Year over year+103%
Quarter over quarter132×
Operating margin—
Net earnings−$7.3M

Coya Therapeutics, Q1 2025: revenue $258K (+103% year over year), net loss $7.3M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$258K132×+103%
Operating profit−$7.7M——
Net earnings−$7.3M——
Operating cash flow−$2.8M——

What changed

Revenue was $258K in Q1 2025, up 103% year over year and up 13111% from the previous quarter.

Operating costs exceeded revenue by $7.7M, an operating margin of -2976.9%. Total costs grew 41% against revenue growth of 103%. The fastest-growing cost line was Research & development (+66%). The quarter ended with a net loss of $7.3M, wider than the previous quarter's $2.9M loss.

Operating cash flow was −$2.8M. Non-cash charges added back $7K of depreciation and $1.1M of share-based compensation. Working capital and other items added $3.4M.

Questions

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

Coya Therapeutics (COYA) reported revenue of $258K for the first quarter 2025 (Q1 2025), +103% from a year earlier and up 132-fold from the quarter before.

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Source: Coya Therapeutics 10-Q on SEC EDGAR.