Filing Flows › Seer (SEER) › Q2 2025
Seer (SEER) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Seer (SEER) reported revenue of $4.1M for the second quarter 2025 (Q2 2025), +32% from a year earlier and -4% from the quarter before. Operating margin was -506.8%, net loss $19.4M (479.5% of revenue).
Seer, Q2 2025: revenue $4.1M (+32% year over year), operating margin -506.8%, net loss $19.4M, operating cash flow −$14.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1M | -4% | +32% |
| Operating profit | −$20.5M | — | — |
| Net earnings | −$19.4M | — | — |
| Operating cash flow | −$14.7M | — | — |
What changed
Revenue was $4.1M in Q2 2025, up 32% year over year and down 4% from the previous quarter.
Gross margin was 52.1%, down 4.2 points from a year earlier. Operating costs exceeded revenue by $20.5M, an operating margin of -506.8%. Operating expenses fell 21% while revenue rose 32%. The quarter ended with a net loss of $19.4M, narrower than the previous quarter's $19.9M loss.
Operating cash flow was −$14.7M. Non-cash charges added back $1.3M of depreciation and amortization and $3.9M of share-based compensation. Capital expenditures of $568K exceeded it, leaving free cash flow of −$15.2M.
Questions
What was Seer's revenue in the second quarter 2025?
Seer (SEER) reported revenue of $4.1M for the second quarter 2025 (Q2 2025), +32% from a year earlier and -4% from the quarter before.
Was Seer profitable in the second quarter 2025?
Operating loss was $20.5M (-506.8% of revenue) and net loss $19.4M.
Source: Seer 10-Q on SEC EDGAR.