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Editas Medicine (EDIT) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 12, 2025

Editas Medicine (EDIT) reported revenue of $4.7M for the first quarter 2025 (Q1 2025), +310% from a year earlier and -85% from the quarter before.

Revenue$4.7M
Year over year+310%
Quarter over quarter-85%
Operating margin—
Net earnings−$76.1M

Editas Medicine, Q1 2025: revenue $4.7M (+310% year over year), net loss $76.1M, operating cash flow −$47.8M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$4.7M-85%+310%
Operating profit−$76.2M——
Net earnings−$76.1M——
Operating cash flow−$47.8M——

What changed

Revenue was $4.7M in Q1 2025, up 310% year over year and down 85% from the previous quarter.

Operating costs exceeded revenue by $76.2M, an operating margin of -1635.1%. Total costs grew 19% against revenue growth of 310%. The quarter ended with a net loss of $76.1M, wider than the previous quarter's $45.4M loss.

Operating cash flow was −$47.8M. Non-cash charges added back $1.9M of depreciation and $3.0M of share-based compensation. Working capital and other items added $23.4M. Capital expenditures of $114K exceeded it, leaving free cash flow of −$47.9M.

Questions

What was Editas Medicine's revenue in the first quarter 2025?

Editas Medicine (EDIT) reported revenue of $4.7M for the first quarter 2025 (Q1 2025), +310% from a year earlier and -85% from the quarter before.

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Source: Editas Medicine 10-Q on SEC EDGAR.