Filing Flows › Prokidney (PROK) › Q1 2025
Prokidney (PROK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Prokidney (PROK) reported revenue of $230K for the first quarter 2025 (Q1 2025) and +203% from the quarter before.
Prokidney, Q1 2025: revenue $230K, net loss $38.0M, operating cash flow −$29.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $230K | +203% | — |
| Operating profit | −$41.4M | — | — |
| Net earnings | −$38.0M | — | — |
| Operating cash flow | −$29.6M | — | — |
What changed
Revenue was $230K in Q1 2025, up 203% from the previous quarter.
Operating costs exceeded revenue by $41.4M, an operating margin of -17994.8%. The quarter ended with a net loss of $38.0M, narrower than the previous quarter's $48.5M loss. Minority interests bore $21.2M of it: to shareholders the quarter was a loss of $16.7M.
Operating cash flow was −$29.6M. Non-cash charges added back $1.6M of depreciation and amortization and $6.4M of share-based compensation. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$30.7M.
Questions
What was Prokidney's revenue in the first quarter 2025?
Prokidney (PROK) reported revenue of $230K for the first quarter 2025 (Q1 2025) and +203% from the quarter before.
Source: Prokidney 10-Q on SEC EDGAR.