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Evommune (EVMN) Q3 2025 earnings results (third quarter 2025)

10-Q filed Dec 11, 2025

Evommune (EVMN) reported revenue of $10.0M for the third quarter 2025 (Q3 2025). Operating margin was -133.3%, net loss $12.5M (124.8% of revenue).

Revenue$10.0M
Year over year—
Quarter over quarter—
Operating margin-133.3%
Net earnings−$12.5M

Evommune, Q3 2025: revenue $10.0M, operating margin -133.3%, net loss $12.5M, operating cash flow −$9.6M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$10.0M——
Operating profit−$13.3M——
Net earnings−$12.5M——
Operating cash flow−$9.6M——

What changed

Revenue was $10.0M in Q3 2025.

Operating costs exceeded revenue by $13.3M, an operating margin of -133.3%. The quarter ended with a net loss of $12.5M.

Operating cash flow was −$9.6M. Non-cash charges added back $311K of depreciation and amortization and $560K of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $131K exceeded it, leaving free cash flow of −$9.8M.

Questions

What was Evommune's revenue in the third quarter 2025?

Evommune (EVMN) reported revenue of $10.0M for the third quarter 2025 (Q3 2025).

Was Evommune profitable in the third quarter 2025?

Operating loss was $13.3M (-133.3% of revenue) and net loss $12.5M.

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Source: Evommune 10-Q on SEC EDGAR.