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Prothena Corp Public (PRTA) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 6, 2025

Prothena Corp Public (PRTA) reported revenue of $2.4M for the third quarter 2025 (Q3 2025), +149% from a year earlier and -45% from the quarter before.

Revenue$2.4M
Year over year+149%
Quarter over quarter-45%
Operating margin—
Net earnings−$36.5M

Prothena Corp Public, Q3 2025: revenue $2.4M (+149% year over year), net loss $36.5M, operating cash flow −$40.6M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$2.4M-45%+149%
Operating profit−$40.2M——
Net earnings−$36.5M——
Operating cash flow−$40.6M——

What changed

Revenue was $2.4M in Q3 2025, up 149% year over year and down 45% from the previous quarter.

Operating costs exceeded revenue by $40.2M, an operating margin of -1666.3%. Total costs fell 37% while revenue rose 149%. The quarter ended with a net loss of $36.5M, narrower than the previous quarter's $125.8M loss.

Operating cash flow was −$40.6M. Non-cash charges added back $229K of depreciation and amortization and $7.2M of share-based compensation. Working capital and other items used $11.5M. Capital expenditures of $10K exceeded it, leaving free cash flow of −$40.6M.

Questions

What was Prothena Corp Public's revenue in the third quarter 2025?

Prothena Corp Public (PRTA) reported revenue of $2.4M for the third quarter 2025 (Q3 2025), +149% from a year earlier and -45% from the quarter before.

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Source: Prothena Corp Public 10-Q on SEC EDGAR.