Filing Flows › Scilex Holding (SCLX) › Q1 2025
Scilex Holding (SCLX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Scilex Holding (SCLX) reported revenue of $5.0M for the first quarter 2025 (Q1 2025), -54% from a year earlier and -66% from the quarter before. Operating margin was -557.5%, net loss $26.1M (521.2% of revenue).
Scilex Holding, Q1 2025: revenue $5.0M (-54% year over year), operating margin -557.5%, net loss $26.1M, operating cash flow $6.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.0M | -66% | -54% |
| Operating profit | −$27.9M | — | — |
| Net earnings | −$26.1M | — | — |
| Operating cash flow | $6.0M | +137% | -36% |
What changed
Revenue was $5.0M in Q1 2025, down 54% year over year and down 66% from the previous quarter.
Operating costs exceeded revenue by $27.9M, an operating margin of -557.5%. Total costs grew 8% against a revenue fall of 54%. The quarter ended with a net loss of $26.1M, wider than the previous quarter's $6.5M loss.
Operating cash flow was $6.0M (down 36% year over year). Non-cash charges added back $1.0M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $27.8M.
Questions
What was Scilex Holding's revenue in the first quarter 2025?
Scilex Holding (SCLX) reported revenue of $5.0M for the first quarter 2025 (Q1 2025), -54% from a year earlier and -66% from the quarter before.
Was Scilex Holding profitable in the first quarter 2025?
Operating loss was $27.9M (-557.5% of revenue) and net loss $26.1M.
Source: Scilex Holding 10-Q on SEC EDGAR.