Filing Flows › MeiraGTx Holdings (MGTX) › Q1 2025
MeiraGTx Holdings (MGTX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
MeiraGTx Holdings (MGTX) reported revenue of $1.9M for the first quarter 2025 (Q1 2025), +176% from a year earlier and -91% from the quarter before.
MeiraGTx Holdings, Q1 2025: revenue $1.9M (+176% year over year), net loss $40.0M, operating cash flow −$36.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | -91% | +176% |
| Operating profit | −$41.6M | — | — |
| Net earnings | −$40.0M | — | — |
| Operating cash flow | −$36.8M | — | — |
What changed
Revenue was $1.9M in Q1 2025, up 176% year over year and down 91% from the previous quarter.
Operating costs exceeded revenue by $41.6M, an operating margin of -2159.7%. Total costs fell 8% while revenue rose 176%. The quarter ended with a net loss of $40.0M, wider than the previous quarter's $39.4M loss.
Operating cash flow was −$36.8M. Non-cash charges added back $3.1M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $4.8M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$38.5M.
Questions
What was MeiraGTx Holdings' revenue in the first quarter 2025?
MeiraGTx Holdings (MGTX) reported revenue of $1.9M for the first quarter 2025 (Q1 2025), +176% from a year earlier and -91% from the quarter before.
Source: MeiraGTx Holdings 10-Q on SEC EDGAR.