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Immunome (IMNM) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 12, 2025

Immunome (IMNM) reported revenue of $2.9M for the first quarter 2025 (Q1 2025), +184% from a year earlier and +7% from the quarter before.

Revenue$2.9M
Year over year+184%
Quarter over quarter+7%
Operating margin—
Net earnings−$41.6M

Immunome, Q1 2025: revenue $2.9M (+184% year over year), net loss $41.6M, operating cash flow −$53.1M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$2.9M+7%+184%
Operating profit−$44.6M——
Net earnings−$41.6M——
Operating cash flow−$53.1M——

What changed

Revenue was $2.9M in Q1 2025, up 184% year over year and up 7% from the previous quarter.

Operating costs exceeded revenue by $44.6M, an operating margin of -1525.5%. Total costs fell 64% while revenue rose 184%. The fastest-growing cost line was Research & development (+140%). The quarter ended with a net loss of $41.6M, narrower than the previous quarter's $80.2M loss.

Operating cash flow was −$53.1M. Non-cash charges added back $611K of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items used $17.7M. Capital expenditures of $3.7M exceeded it, leaving free cash flow of −$56.7M.

Questions

What was Immunome's revenue in the first quarter 2025?

Immunome (IMNM) reported revenue of $2.9M for the first quarter 2025 (Q1 2025), +184% from a year earlier and +7% from the quarter before.

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Source: Immunome 10-Q on SEC EDGAR.