Filing Flows › electroCore (ECOR) › Q1 2025
electroCore (ECOR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
electroCore (ECOR) reported revenue of $6.7M for the first quarter 2025 (Q1 2025), +23% from a year earlier and -5% from the quarter before. Operating margin was -56.9%, net loss $3.9M (57.4% of revenue).
electroCore, Q1 2025: revenue $6.7M (+23% year over year), operating margin -56.9%, net loss $3.9M, operating cash flow −$4.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.7M | -5% | +23% |
| Operating profit | −$3.8M | — | — |
| Net earnings | −$3.9M | — | — |
| Operating cash flow | −$4.4M | — | — |
What changed
Revenue was $6.7M in Q1 2025, up 23% year over year and down 5% from the previous quarter.
Gross margin was 84.9%, up 1.2 points from a year earlier. Operating costs exceeded revenue by $3.8M, an operating margin of -56.9%. Operating expenses grew 13% against revenue growth of 23%. The fastest-growing cost line was Research & development (+61%). The quarter ended with a net loss of $3.9M, wider than the previous quarter's $3.2M loss.
Operating cash flow was −$4.4M. Non-cash charges added back $155K of depreciation and amortization and $540K of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $37K exceeded it, leaving free cash flow of −$4.4M.
Questions
What was electroCore's revenue in the first quarter 2025?
electroCore (ECOR) reported revenue of $6.7M for the first quarter 2025 (Q1 2025), +23% from a year earlier and -5% from the quarter before.
Was electroCore profitable in the first quarter 2025?
Operating loss was $3.8M (-56.9% of revenue) and net loss $3.9M.
Source: electroCore 10-Q on SEC EDGAR.