Filing Flows › Quanterix (QTRX) › Q1 2025
Quanterix (QTRX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Quanterix (QTRX) reported revenue of $30.3M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -14% from the quarter before. Operating margin was -86.9%, net loss $20.5M (67.6% of revenue).
Quanterix, Q1 2025: revenue $30.3M (-5% year over year), operating margin -86.9%, net loss $20.5M, operating cash flow −$13.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.3M | -14% | -5% |
| Operating profit | −$26.4M | — | — |
| Net earnings | −$20.5M | — | — |
| Operating cash flow | −$13.9M | — | — |
What changed
Revenue was $30.3M in Q1 2025, down 5% year over year and down 14% from the previous quarter. Consumable and other products was the largest line at 60% of revenue. Research services lost $3.1M year over year (down 36%), 178% of the total change.
Gross margin was 54.1%, down 3.7 points from a year earlier. Operating costs exceeded revenue by $26.4M, an operating margin of -86.9%. Operating expenses grew 27% against a revenue fall of 5%. The fastest-growing cost line was Other operating costs (+71%). The quarter ended with a net loss of $20.5M, wider than the previous quarter's $11.6M loss.
Operating cash flow was −$13.9M. Non-cash charges added back $2.2M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items used $1.0M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$15.1M.
Questions
What was Quanterix's revenue in the first quarter 2025?
Quanterix (QTRX) reported revenue of $30.3M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -14% from the quarter before.
Was Quanterix profitable in the first quarter 2025?
Operating loss was $26.4M (-86.9% of revenue) and net loss $20.5M.
Source: Quanterix 10-Q on SEC EDGAR.