Filing Flows › EyePoint (EYPT) › Q1 2025
EyePoint (EYPT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
EyePoint (EYPT) reported revenue of $24.5M for the first quarter 2025 (Q1 2025), +109% from a year earlier and +111% from the quarter before. Operating margin was -199.7%, net loss $45.2M (184.8% of revenue).
EyePoint, Q1 2025: revenue $24.5M (+109% year over year), operating margin -199.7%, net loss $45.2M, operating cash flow −$53.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.5M | +111% | +109% |
| Operating profit | −$48.8M | — | — |
| Net earnings | −$45.2M | — | — |
| Operating cash flow | −$53.1M | — | — |
What changed
Revenue was $24.5M in Q1 2025, up 109% year over year and up 111% from the previous quarter. Royalty was the largest line at 52% of revenue. Royalty added $12.2M year over year (up 2641%), 96% of the total change.
Operating costs exceeded revenue by $48.8M, an operating margin of -199.7%. Total costs grew 63% against revenue growth of 109%. The fastest-growing cost line was Sales & marketing (+483%). The quarter ended with a net loss of $45.2M, wider than the previous quarter's $41.4M loss.
Operating cash flow was −$53.1M. Non-cash charges added back $497K of depreciation and $7.8M of share-based compensation. Working capital and other items used $16.2M. Capital expenditures of $276K exceeded it, leaving free cash flow of −$53.4M.
Questions
What was EyePoint's revenue in the first quarter 2025?
EyePoint (EYPT) reported revenue of $24.5M for the first quarter 2025 (Q1 2025), +109% from a year earlier and +111% from the quarter before.
Was EyePoint profitable in the first quarter 2025?
Operating loss was $48.8M (-199.7% of revenue) and net loss $45.2M.
Source: EyePoint 10-Q on SEC EDGAR.