Filing Flows › Innventure (INV) › Q1 2025
Innventure (INV) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Innventure (INV) reported revenue of $224K for the first quarter 2025 (Q1 2025), 0% from a year earlier and -51% from the quarter before.
Innventure, Q1 2025: revenue $224K (0% year over year), net loss $254M, operating cash flow −$14.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $224K | -51% | 0% |
| Operating profit | −$261M | — | — |
| Net earnings | −$254M | — | — |
| Operating cash flow | −$14.7M | — | — |
What changed
Revenue was $224K in Q1 2025, roughly flat year over year and down 51% from the previous quarter.
Operating costs exceeded revenue by $261.2M, an operating margin of -116606.2%. Total costs grew 2330% against flat revenue. The fastest-growing cost line was Research & development (+275%). The quarter ended with a net loss of $253.7M, wider than the previous quarter's $70.1M loss. Minority interests bore $110.7M of it: to shareholders the quarter was a loss of $143.0M.
Operating cash flow was −$14.7M. Non-cash charges added back $5.5M of depreciation and amortization and $5.8M of share-based compensation. Working capital and other items added $227.6M. Capital expenditures of $917K exceeded it, leaving free cash flow of −$15.6M.
Questions
What was Innventure's revenue in the first quarter 2025?
Innventure (INV) reported revenue of $224K for the first quarter 2025 (Q1 2025), 0% from a year earlier and -51% from the quarter before.
Source: Innventure 10-Q on SEC EDGAR.