Filing Flows › Enovis (ENOV) › Q1 2025
Enovis (ENOV) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Enovis (ENOV) reported revenue of $559M for the first quarter 2025 (Q1 2025), +8% from a year earlier and -0.4% from the quarter before. Operating margin was -8.4%, net loss $55.7M (10.0% of revenue).
Enovis, Q1 2025: revenue $559M (+8% year over year), operating margin -8.4%, net loss $55.7M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $559M | -0.4% | +8% |
| Operating profit | −$46.8M | — | — |
| Net earnings | −$55.7M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $558.8M in Q1 2025, up 8% year over year and roughly flat from the previous quarter. Reconstructive Segment was the largest line at 51% of revenue. Reconstructive Segment added $29.0M year over year (up 11%), 68% of the total change.
Gross margin was 59.5%, up 1.7 points from a year earlier. Operating costs exceeded revenue by $46.8M, an operating margin of -8.4%. Operating expenses grew 14% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+51%). The quarter ended with a net loss of $55.7M, narrower than the previous quarter's $703.2M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $71.4M of depreciation and amortization and $7.4M of share-based compensation. Working capital and other items used $24.7M. Capital expenditures of $43.3M exceeded it, leaving free cash flow of −$44.9M.
Questions
What was Enovis' revenue in the first quarter 2025?
Enovis (ENOV) reported revenue of $559M for the first quarter 2025 (Q1 2025), +8% from a year earlier and -0.4% from the quarter before.
Was Enovis profitable in the first quarter 2025?
Operating loss was $46.8M (-8.4% of revenue) and net loss $55.7M.
Source: Enovis 10-Q on SEC EDGAR.