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Ginkgo Bioworks Holdings (DNA) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 6, 2025

Ginkgo Bioworks Holdings (DNA) reported revenue of $48.3M for the first quarter 2025 (Q1 2025), +27% from a year earlier and +10% from the quarter before. Operating margin was -184.1%, net loss $91.0M (188.2% of revenue).

Revenue$48.3M
Year over year+27%
Quarter over quarter+10%
Operating margin-184.1%
Net earnings−$91.0M

Ginkgo Bioworks Holdings, Q1 2025: revenue $48.3M (+27% year over year), operating margin -184.1%, net loss $91.0M, operating cash flow −$51.5M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$48.3M+10%+27%
Operating profit−$89.0M——
Net earnings−$91.0M——
Operating cash flow−$51.5M——

What changed

Revenue was $48.3M in Q1 2025, up 27% year over year and up 10% from the previous quarter.

Operating costs exceeded revenue by $89.0M, an operating margin of -184.1%. Total costs fell 36% while revenue rose 27%. The fastest-growing cost line was Other operating costs (+44%). The quarter ended with a net loss of $91.0M, narrower than the previous quarter's $107.5M loss.

Operating cash flow was −$51.5M. Non-cash charges added back $14.8M of depreciation and amortization and $20.4M of share-based compensation. Working capital and other items added $4.2M. Capital expenditures of $7.6M exceeded it, leaving free cash flow of −$59.1M.

Questions

What was Ginkgo Bioworks Holdings' revenue in the first quarter 2025?

Ginkgo Bioworks Holdings (DNA) reported revenue of $48.3M for the first quarter 2025 (Q1 2025), +27% from a year earlier and +10% from the quarter before.

Was Ginkgo Bioworks Holdings profitable in the first quarter 2025?

Operating loss was $89.0M (-184.1% of revenue) and net loss $91.0M.

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Source: Ginkgo Bioworks Holdings 10-Q on SEC EDGAR.