Filing Flows › Nutex Health (NUTX) › Q1 2025
Nutex Health (NUTX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Nutex Health (NUTX) reported revenue of $212M for the first quarter 2025 (Q1 2025), +214% from a year earlier and -18% from the quarter before. Operating margin was 38.1%, net earnings $21.2M (10.0% of revenue).
Nutex Health, Q1 2025: revenue $212M (+214% year over year), operating margin 38.1%, net earnings $21.2M, operating cash flow $51.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $212M | -18% | +214% |
| Gross profit | $118M | -16% | 12× |
| Operating profit | $80.7M | -29% | 56× |
| Net earnings | $21.2M | -66% | — |
| Operating cash flow | $51.0M | 944× | 17× |
| Free cash flow | $50.9M | — | 22× |
What changed
Revenue was $211.8M in Q1 2025, up 214% year over year and down 18% from the previous quarter. Hospital division was the largest line at 96% of revenue. Hospital division added $143.9M year over year (up 240%), 100% of the total change.
Gross margin was 55.9%, up 40.8 points from a year earlier. Operating profit was $80.7M, a 38.1% margin (up 35.9 points year over year). Of the extra revenue versus a year earlier, 55% reached operating profit, above the 2% margin then. Operating expenses grew 333% against revenue growth of 214%. The fastest-growing cost line was Other operating costs (+56312%). Net earnings were $21.2M. The effective tax rate was 28.7%.
Operating cash flow was $51.0M (up 1570% year over year), 100% of net income including minority interests. Non-cash charges added back $5.1M of depreciation and amortization and $15.9M of share-based compensation. Working capital and other items used $20.9M. Capital expenditures of $64K left free cash flow of $50.9M.
Questions
What was Nutex Health's revenue in the first quarter 2025?
Nutex Health (NUTX) reported revenue of $212M for the first quarter 2025 (Q1 2025), +214% from a year earlier and -18% from the quarter before.
Was Nutex Health profitable in the first quarter 2025?
Operating profit was $80.7M (38.1% of revenue) and net earnings $21.2M.
Source: Nutex Health 10-Q on SEC EDGAR.