Filing Flows › Enovis (ENOV) › Q2 2025
Enovis (ENOV) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Enovis (ENOV) reported revenue of $565M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +1% from the quarter before. Operating margin was -3.0%, net loss $36.5M (6.5% of revenue).
Enovis, Q2 2025: revenue $565M (+8% year over year), operating margin -3.0%, net loss $36.5M, operating cash flow $47.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $565M | +1% | +7% |
| Operating profit | −$16.8M | — | — |
| Net earnings | −$36.5M | — | — |
| Operating cash flow | $47.8M | — | +515% |
| Free cash flow | $3.4M | — | — |
What changed
Revenue was $564.5M in Q2 2025, up 7% year over year and up 1% from the previous quarter. Prevention and Recovery was the largest line at 51% of revenue. Reconstructive Segment added $26.6M year over year (up 11%), 67% of the total change.
Gross margin was 59.3%, up 4.3 points from a year earlier. Operating costs exceeded revenue by $16.8M, an operating margin of -3.0%. Operating expenses grew 6% against revenue growth of 7%. The fastest-growing cost line was Research & development (+31%). The quarter ended with a net loss of $36.5M, narrower than the previous quarter's $55.7M loss.
Operating cash flow was $47.8M (up 515% year over year). Non-cash charges added back $71.6M of depreciation and amortization and $8.7M of share-based compensation. Working capital and other items added $4.1M. Capital expenditures of $44.4M left free cash flow of $3.4M.
Questions
What was Enovis' revenue in the second quarter 2025?
Enovis (ENOV) reported revenue of $565M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +1% from the quarter before.
Was Enovis profitable in the second quarter 2025?
Operating loss was $16.8M (-3.0% of revenue) and net loss $36.5M.
Source: Enovis 10-Q on SEC EDGAR.