Filing Flows › Delcath Systems (DCTH) › Q4 2024
Delcath Systems (DCTH) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 6, 2025
Delcath Systems (DCTH) reported revenue of $15.1M for the fourth quarter 2024 (Q4 2024), up 28-fold from a year earlier and +35% from the quarter before. Operating margin was 20.1%, net loss $3.4M (22.5% of revenue).
Delcath Systems, Q4 2024: revenue $15.1M (28× year over year), operating margin 20.1%, net loss $3.4M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.1M | +35% | 28× |
| Operating profit | $3.0M | — | — |
| Net earnings | −$3.4M | — | — |
| Operating cash flow | −$1.0M | — | — |
What changed
Revenue was $15.1M in Q4 2024, up 2701% year over year and up 35% from the previous quarter. HEPZATO KIT was the largest line at 91% of revenue.
Gross margin was 85.9%, up 17.6 points from a year earlier. Operating profit was $3.0M, a 20.1% margin (up 2117.3 points year over year). Operating expenses fell 15% while revenue rose 2701%. The quarter ended with a net loss of $3.4M, after a profit of $1.9M the previous quarter. Net interest and other expense of $6.4M was the main reason.
Operating cash flow was −$1.0M. Non-cash charges added back $38K of depreciation and $1.6M of share-based compensation. Working capital and other items added $742K. Capital expenditures of $229K exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Delcath Systems' revenue in the fourth quarter 2024?
Delcath Systems (DCTH) reported revenue of $15.1M for the fourth quarter 2024 (Q4 2024), up 28-fold from a year earlier and +35% from the quarter before.
Was Delcath Systems profitable in the fourth quarter 2024?
Operating profit was $3.0M (20.1% of revenue) and net loss $3.4M.
Source: Delcath Systems 10-K on SEC EDGAR.