Filing Flows › Nuwellis (NUWE) › Q1 2025
Nuwellis (NUWE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Nuwellis (NUWE) reported revenue of $1.9M for the first quarter 2025 (Q1 2025), +3% from a year earlier and -18% from the quarter before. Operating margin was -160.7%, net loss $3.0M (158.3% of revenue).
Nuwellis, Q1 2025: revenue $1.9M (+2% year over year), operating margin -160.7%, net loss $3.0M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | -18% | +3% |
| Operating profit | −$3.1M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $1.9M in Q1 2025, up 3% year over year and down 18% from the previous quarter.
Gross margin was 56.0%, down 8.1 points from a year earlier. Operating costs exceeded revenue by $3.1M, an operating margin of -160.7%. Operating expenses fell 31% while revenue rose 3%. The quarter ended with a net loss of $3.0M, wider than the previous quarter's $1.5M loss.
Operating cash flow was −$2.5M. Non-cash charges added back $73K of depreciation and amortization and $67K of share-based compensation. Working capital and other items added $338K.
Questions
What was Nuwellis' revenue in the first quarter 2025?
Nuwellis (NUWE) reported revenue of $1.9M for the first quarter 2025 (Q1 2025), +3% from a year earlier and -18% from the quarter before.
Was Nuwellis profitable in the first quarter 2025?
Operating loss was $3.1M (-160.7% of revenue) and net loss $3.0M.
Source: Nuwellis 10-Q on SEC EDGAR.