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EyePoint (EYPT) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 7, 2025

EyePoint (EYPT) reported revenue of $5.3M for the second quarter 2025 (Q2 2025), -44% from a year earlier and -78% from the quarter before.

Revenue$5.3M
Year over year-44%
Quarter over quarter-78%
Operating margin—
Net earnings−$59.4M

EyePoint, Q2 2025: revenue $5.3M (-44% year over year), net loss $59.4M, operating cash flow −$62.6M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$5.3M-78%-44%
Operating profit−$62.2M——
Net earnings−$59.4M——
Operating cash flow−$62.6M——

What changed

Revenue was $5.3M in Q2 2025, down 44% year over year and down 78% from the previous quarter.

Operating costs exceeded revenue by $62.2M, an operating margin of -1166.8%. Total costs grew 53% against a revenue fall of 44%. The fastest-growing cost line was Research & development (+86%). The quarter ended with a net loss of $59.4M, wider than the previous quarter's $45.2M loss.

Operating cash flow was −$62.6M. Non-cash charges added back $538K of depreciation and $6.9M of share-based compensation. Working capital and other items used $10.6M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$63.8M.

Questions

What was EyePoint's revenue in the second quarter 2025?

EyePoint (EYPT) reported revenue of $5.3M for the second quarter 2025 (Q2 2025), -44% from a year earlier and -78% from the quarter before.

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Source: EyePoint 10-Q on SEC EDGAR.