Filing Flows › Precipio (PRPO) › Q1 2025
Precipio (PRPO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Precipio (PRPO) reported revenue of $4.9M for the first quarter 2025 (Q1 2025), +44% from a year earlier and -10% from the quarter before. Operating margin was -17.4%, net loss $884K (17.9% of revenue).
Precipio, Q1 2025: revenue $4.9M (+44% year over year), operating margin -17.4%, net loss $884K, operating cash flow −$44K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.9M | -10% | +44% |
| Operating profit | −$859K | — | — |
| Net earnings | −$884K | — | — |
| Operating cash flow | −$44K | -108% | — |
What changed
Revenue was $4.9M in Q1 2025, up 44% year over year and down 10% from the previous quarter. Service revenue, net was the largest line at 87% of revenue. Service revenue, net added $1.5M year over year (up 54%), 100% of the total change.
Gross margin was 43.4%, up 16.6 points from a year earlier. Operating costs exceeded revenue by $859K, an operating margin of -17.4%. Operating expenses grew 0% against revenue growth of 44%. The quarter ended with a net loss of $884K, wider than the previous quarter's $365K loss.
Operating cash flow was −$44K. Non-cash charges added back $324K of depreciation and amortization and $423K of share-based compensation. Working capital and other items added $93K. Capital expenditures of $138K exceeded it, leaving free cash flow of −$182K.
Questions
What was Precipio's revenue in the first quarter 2025?
Precipio (PRPO) reported revenue of $4.9M for the first quarter 2025 (Q1 2025), +44% from a year earlier and -10% from the quarter before.
Was Precipio profitable in the first quarter 2025?
Operating loss was $859K (-17.4% of revenue) and net loss $884K.
Source: Precipio 10-Q on SEC EDGAR.