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uniQure N.V. (QURE) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 9, 2025

uniQure N.V. (QURE) reported revenue of $1.6M for the first quarter 2025 (Q1 2025), -82% from a year earlier and -70% from the quarter before.

Revenue$1.6M
Year over year-82%
Quarter over quarter-70%
Operating margin—
Net earnings−$43.6M

uniQure N.V., Q1 2025: revenue $1.6M (-82% year over year), net loss $43.6M, operating cash flow −$44.1M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$1.6M-70%-82%
Operating profit−$39.3M——
Net earnings−$43.6M——
Operating cash flow−$44.1M——

What changed

Revenue was $1.6M in Q1 2025, down 82% year over year and down 70% from the previous quarter.

Operating costs exceeded revenue by $39.3M, an operating margin of -2510.0%. Total costs fell 35% while revenue fell 82%. The quarter ended with a net loss of $43.6M, narrower than the previous quarter's $73.3M loss.

Operating cash flow was −$44.1M. Non-cash charges added back $4.5M of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items used $9.4M. Capital expenditures of $126K exceeded it, leaving free cash flow of −$44.2M.

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Source: uniQure N.V. 10-Q on SEC EDGAR.