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Lifeward (LFWD) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 14, 2025

Lifeward (LFWD) reported revenue of $5.7M for the second quarter 2025 (Q2 2025), -15% from a year earlier and +14% from the quarter before. Operating margin was -114.7%, net loss $6.6M (114.6% of revenue).

Revenue$5.7M
Year over year-15%
Quarter over quarter+14%
Operating margin-114.7%
Net earnings−$6.6M

Lifeward, Q2 2025: revenue $5.7M (-15% year over year), operating margin -114.7%, net loss $6.6M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$5.7M+14%-15%
Operating profit−$6.6M——
Net earnings−$6.6M——
Operating cash flow−$3.9M——

What changed

Revenue was $5.7M in Q2 2025, down 15% year over year and up 14% from the previous quarter.

Gross margin was 43.9%, up 2.8 points from a year earlier. Operating costs exceeded revenue by $6.6M, an operating margin of -114.7%. Operating expenses grew 26% against a revenue fall of 15%. The quarter ended with a net loss of $6.6M, wider than the previous quarter's $4.8M loss.

Operating cash flow was −$3.9M. Non-cash charges added back $88K of depreciation and amortization and $182K of share-based compensation. Working capital and other items added $2.4M.

Questions

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

Lifeward (LFWD) reported revenue of $5.7M for the second quarter 2025 (Q2 2025), -15% from a year earlier and +14% from the quarter before.

Was Lifeward profitable in the second quarter 2025?

Operating loss was $6.6M (-114.7% of revenue) and net loss $6.6M.

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Source: Lifeward 10-Q on SEC EDGAR.