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Immunome (IMNM) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 6, 2025

Immunome (IMNM) reported revenue of $4.0M for the second quarter 2025 (Q2 2025), +70% from a year earlier and +37% from the quarter before.

Revenue$4.0M
Year over year+70%
Quarter over quarter+37%
Operating margin—
Net earnings−$43.4M

Immunome, Q2 2025: revenue $4.0M (+70% year over year), net loss $43.4M, operating cash flow −$49.4M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$4.0M+37%+70%
Operating profit−$46.5M——
Net earnings−$43.4M——
Operating cash flow−$49.4M——

What changed

Revenue was $4.0M in Q2 2025, up 70% year over year and up 37% from the previous quarter.

Operating costs exceeded revenue by $46.5M, an operating margin of -1157.6%. Total costs grew 19% against revenue growth of 70%. The fastest-growing cost line was General & admin (+44%). The quarter ended with a net loss of $43.4M, wider than the previous quarter's $41.6M loss.

Operating cash flow was −$49.4M. Non-cash charges added back $637K of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items used $12.0M. Capital expenditures of $905K exceeded it, leaving free cash flow of −$50.3M.

Questions

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

Immunome (IMNM) reported revenue of $4.0M for the second quarter 2025 (Q2 2025), +70% from a year earlier and +37% from the quarter before.

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Source: Immunome 10-Q on SEC EDGAR.