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Prokidney (PROK) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 10, 2025

Prokidney (PROK) reported revenue of $217K for the third quarter 2025 (Q3 2025) and -2% from the quarter before.

Revenue$217K
Year over year—
Quarter over quarter-2%
Operating margin—
Net earnings−$35.8M

Prokidney, Q3 2025: revenue $217K, net loss $35.8M, operating cash flow −$26.6M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$217K-2%—
Operating profit−$38.5M——
Net earnings−$35.8M——
Operating cash flow−$26.6M——

What changed

Revenue was $217K in Q3 2025, down 2% from the previous quarter.

Operating costs exceeded revenue by $38.5M, an operating margin of -17759.9%. The quarter ended with a net loss of $35.8M, narrower than the previous quarter's $37.0M loss. Minority interests bore $19.4M of it: to shareholders the quarter was a loss of $16.5M.

Operating cash flow was −$26.6M. Non-cash charges added back $1.7M of depreciation and amortization and $6.7M of share-based compensation. Capital expenditures of $5.2M exceeded it, leaving free cash flow of −$31.8M.

Questions

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

Prokidney (PROK) reported revenue of $217K for the third quarter 2025 (Q3 2025) and -2% from the quarter before.

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Source: Prokidney 10-Q on SEC EDGAR.