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SeaStar Medical Holding (ICU) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 13, 2025

SeaStar Medical Holding (ICU) reported revenue of $338K for the second quarter 2025 (Q2 2025) and +15% from the quarter before. Operating margin was -519.5%, net loss $2.0M (592.3% of revenue).

Revenue$338K
Year over year—
Quarter over quarter+15%
Operating margin-519.5%
Net earnings−$2.0M

SeaStar Medical Holding, Q2 2025: revenue $338K, operating margin -519.5%, net loss $2.0M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$338K+15%—
Operating profit−$1.8M——
Net earnings−$2.0M——
Operating cash flow−$3.0M——

What changed

Revenue was $338K in Q2 2025, up 15% from the previous quarter.

Gross margin was 92.0%. Operating costs exceeded revenue by $1.8M, an operating margin of -519.5%. The quarter ended with a net loss of $2.0M, narrower than the previous quarter's $3.8M loss.

Operating cash flow was −$3.0M. Non-cash charges added back $97K of share-based compensation. Working capital and other items used $1.1M.

Questions

What was SeaStar Medical Holding's revenue in the second quarter 2025?

SeaStar Medical Holding (ICU) reported revenue of $338K for the second quarter 2025 (Q2 2025) and +15% from the quarter before.

Was SeaStar Medical Holding profitable in the second quarter 2025?

Operating loss was $1.8M (-519.5% of revenue) and net loss $2.0M.

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Source: SeaStar Medical Holding 10-Q on SEC EDGAR.