Filing Flows › Medical Properties Trust (MPT) › Q1 2025
Medical Properties Trust (MPT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Medical Properties Trust (MPT) reported revenue of $224M for the first quarter 2025 (Q1 2025), -18% from a year earlier and -3% from the quarter before. Operating margin was -2.5%, net loss $118M (52.7% of revenue).
Medical Properties Trust, Q1 2025: revenue $224M (-18% year over year), operating margin -2.5%, net loss $118M, operating cash flow $384K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $224M | -3% | -18% |
| Operating profit | −$5.5M | — | — |
| Net earnings | −$118M | — | — |
| Operating cash flow | $384K | -99% | -99% |
What changed
Revenue was $223.8M in Q1 2025, down 18% year over year and down 3% from the previous quarter.
Operating costs exceeded revenue by $5.5M, an operating margin of -2.5%. Total costs grew 3% against a revenue fall of 18%. The fastest-growing cost line was Cost of revenue (+99%). The quarter ended with a net loss of $118.0M, narrower than the previous quarter's $412.3M loss. Net interest and other expense of $103.1M was the main reason.
Operating cash flow was $384K (down 99% year over year). Non-cash charges added back $65.4M of depreciation and amortization and $17.7M of share-based compensation. Working capital and other items added $35.3M.
Questions
What was Medical Properties Trust's revenue in the first quarter 2025?
Medical Properties Trust (MPT) reported revenue of $224M for the first quarter 2025 (Q1 2025), -18% from a year earlier and -3% from the quarter before.
Was Medical Properties Trust profitable in the first quarter 2025?
Operating loss was $5.5M (-2.5% of revenue) and net loss $118M.