Filing Flows › Senseonics Holdings (SENS) › Q4 2024
Senseonics Holdings (SENS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 3, 2025
Senseonics Holdings (SENS) reported revenue of $8.3M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +95% from the quarter before. Operating margin was -172.0%, net loss $15.5M (186.5% of revenue).
Senseonics Holdings, Q4 2024: revenue $8.3M (+3% year over year), operating margin -172.0%, net loss $15.5M, operating cash flow −$14.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.3M | +95% | +3% |
| Operating profit | −$14.3M | — | — |
| Net earnings | −$15.5M | — | — |
| Operating cash flow | −$14.2M | — | — |
What changed
Revenue was $8.3M in Q4 2024, up 3% year over year and up 95% from the previous quarter.
Gross margin was 47.6%, up 34.1 points from a year earlier. Operating costs exceeded revenue by $14.3M, an operating margin of -172.0%. Operating expenses grew 1% against revenue growth of 3%. The fastest-growing cost line was SG&A (+21%). The quarter ended with a net loss of $15.5M, narrower than the previous quarter's $24.0M loss. Minority interests bore $16K of it: to shareholders the quarter was a loss of $15.5M.
Operating cash flow was −$14.2M. Non-cash charges added back $766K of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $1.6M. Capital expenditures of $34K exceeded it, leaving free cash flow of −$14.3M.
Questions
What was Senseonics Holdings' revenue in the fourth quarter 2024?
Senseonics Holdings (SENS) reported revenue of $8.3M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +95% from the quarter before.
Was Senseonics Holdings profitable in the fourth quarter 2024?
Operating loss was $14.3M (-172.0% of revenue) and net loss $15.5M.