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Precigen (PGEN) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 14, 2025

Precigen (PGEN) reported revenue of $1.3M for the first quarter 2025 (Q1 2025).

Revenue$1.3M
Year over year—
Quarter over quarter—
Operating margin—
Net earnings−$54.2M

Precigen, Q1 2025: revenue $1.3M, net loss $54.2M, operating cash flow −$16.3M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$1.3M——
Operating profit−$22.6M——
Net earnings−$54.2M——
Operating cash flow−$16.3M——

What changed

Revenue was $1.3M in Q1 2025.

Operating costs exceeded revenue by $22.6M, an operating margin of -1685.0%. The quarter ended with a net loss of $54.2M. Net interest and other expense of $31.6M was the main reason.

Operating cash flow was −$16.3M. Non-cash charges added back $629K of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $34.5M. Capital expenditures of $622K exceeded it, leaving free cash flow of −$16.9M.

Questions

What was Precigen's revenue in the first quarter 2025?

Precigen (PGEN) reported revenue of $1.3M for the first quarter 2025 (Q1 2025).

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Source: Precigen 10-Q on SEC EDGAR.