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Gossamer Bio (GOSS) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 13, 2025

Gossamer Bio (GOSS) reported revenue of $9.4M for the fourth quarter 2024 (Q4 2024) and -1% from the quarter before. Operating margin was -385.2%, net loss $33.0M (352.2% of revenue).

Revenue$9.4M
Year over year—
Quarter over quarter-1%
Operating margin-385.2%
Net earnings−$33.0M

Gossamer Bio, Q4 2024: revenue $9.4M, operating margin -385.2%, net loss $33.0M, operating cash flow −$35.5M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$9.4M-1%—
Operating profit−$36.1M——
Net earnings−$33.0M——
Operating cash flow−$35.5M——

What changed

Revenue was $9.4M in Q4 2024, down 1% from the previous quarter. Revenue from contracts with collaborators was the largest line at 79% of revenue.

Operating costs exceeded revenue by $36.1M, an operating margin of -385.2%. The quarter ended with a net loss of $33.0M, wider than the previous quarter's $30.8M loss.

Operating cash flow was −$35.5M. Non-cash charges added back $108K of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $7.5M.

Questions

What was Gossamer Bio's revenue in the fourth quarter 2024?

Gossamer Bio (GOSS) reported revenue of $9.4M for the fourth quarter 2024 (Q4 2024) and -1% from the quarter before.

Was Gossamer Bio profitable in the fourth quarter 2024?

Operating loss was $36.1M (-385.2% of revenue) and net loss $33.0M.

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Source: Gossamer Bio 10-K on SEC EDGAR.