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Prokidney (PROK) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 12, 2025

Prokidney (PROK) reported revenue of $221K for the second quarter 2025 (Q2 2025) and -4% from the quarter before.

Revenue$221K
Year over year—
Quarter over quarter-4%
Operating margin—
Net earnings−$37.0M

Prokidney, Q2 2025: revenue $221K, net loss $37.0M, operating cash flow −$31.4M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$221K-4%—
Operating profit−$39.7M——
Net earnings−$37.0M——
Operating cash flow−$31.4M——

What changed

Revenue was $221K in Q2 2025, down 4% from the previous quarter.

Operating costs exceeded revenue by $39.7M, an operating margin of -17967.9%. The quarter ended with a net loss of $37.0M, narrower than the previous quarter's $38.0M loss. Minority interests bore $20.4M of it: to shareholders the quarter was a loss of $16.6M.

Operating cash flow was −$31.4M. Non-cash charges added back $1.5M of depreciation and amortization and $6.5M of share-based compensation. Working capital and other items used $2.5M. Capital expenditures of $3.1M exceeded it, leaving free cash flow of −$34.5M.

Questions

What was Prokidney's revenue in the second quarter 2025?

Prokidney (PROK) reported revenue of $221K for the second quarter 2025 (Q2 2025) and -4% from the quarter before.

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Source: Prokidney 10-Q on SEC EDGAR.