Filing Flows › Lensar (LNSR) › Q2 2025
Lensar (LNSR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Lensar (LNSR) reported revenue of $13.9M for the second quarter 2025 (Q2 2025), +10% from a year earlier and -2% from the quarter before. Operating margin was -45.1%, net loss $1.8M (12.7% of revenue).
Lensar, Q2 2025: revenue $13.9M (+10% year over year), operating margin -45.1%, net loss $1.8M, operating cash flow −$5.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.9M | -2% | +10% |
| Operating profit | −$6.3M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$5.0M | — | — |
What changed
Revenue was $13.9M in Q2 2025, up 10% year over year and down 2% from the previous quarter. Product was the largest line at 78% of revenue. Product added $1.4M year over year (up 14%), 106% of the total change.
Operating costs exceeded revenue by $6.3M, an operating margin of -45.1%. Total costs grew 13% against revenue growth of 10%. The fastest-growing cost line was SG&A (+72%). The quarter ended with a net loss of $1.8M, narrower than the previous quarter's $27.3M loss. Non-operating items added $4.5M, -257% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.0M. Non-cash charges added back $1.1M of depreciation and amortization and $766K of share-based compensation. Working capital and other items used $5.1M. Capital expenditures of $77K exceeded it, leaving free cash flow of −$5.1M.
Questions
What was Lensar's revenue in the second quarter 2025?
Lensar (LNSR) reported revenue of $13.9M for the second quarter 2025 (Q2 2025), +10% from a year earlier and -2% from the quarter before.
Was Lensar profitable in the second quarter 2025?
Operating loss was $6.3M (-45.1% of revenue) and net loss $1.8M.
Source: Lensar 10-Q on SEC EDGAR.