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Serina Therapeutics (SER) earnings and revenue breakdown

Latest: Q2 2025 · 10-Q filed Aug 11, 2025 · Serina Therapeutics (SER) Q2 2025 earnings results →

Q2 2025 Revenue up 155% year over year to $130K

Serina Therapeutics made $130K in Q2 2025 (+155% Y/Y). Operating margin n/m, net loss $6.5M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 11, 2025.

Revenue$130K
Year over year+155%
Operating marginn/m
Net earnings−$6.5M
Operating cash flow−$3.8M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $130K in Q2 2025, up 155% year over year.

Operating costs exceeded revenue by $5.6M, an operating margin of -4280.8%. Total costs grew 45% against revenue growth of 155%. The fastest-growing cost line was Research & development (+98%). The quarter ended with a net loss of $6.5M. Minority interests bore $14K of it: to shareholders the quarter was a loss of $6.4M.

Operating cash flow was −$3.8M. Non-cash charges added back $16K of depreciation and amortization and $890K of share-based compensation. Working capital and other items added $1.8M. Capital expenditures of $46K exceeded it, leaving free cash flow of −$3.8M.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202510-QAug 11, 2025$130K+155%n/m−$6.5M−$3.8M

Charts

Serina Therapeutics: where the cash came from (+) and went (−), TTM to Q2 2026Serina Therapeutics: where the cash came from (+) and went (−), TTM to Q2 2026Other financing$38.2MOperating cash flow−$21.1MCash drawn (+) / kept (−)−$17.0MCapital spending−$66KShares issued$22K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Serina Therapeutics: profit against cash, quarter by quarterSerina Therapeutics: profit against cash, quarter by quarterNet incomeOperating cash flow$1.4M−$3.0MQ3 2024−$2.8M−$4.6MQ4 2024−$4.8M−$4.3MQ1 2025−$6.5M−$3.8MQ2 2025−$4.6M−$3.9MQ3 2025−$3.3M−$6.0MQ4 2025−$6.9M−$4.6MQ1 2026−$6.4M−$6.7MQ2 2026
Latest (Q2 2026): Net income −$6.4M, Operating cash flow −$6.7M.
Serina Therapeutics: diluted shares by fiscal yearSerina Therapeutics: diluted shares by fiscal year38MFY202038MFY20210MFY20227MFY20237MFY202410MFY2025
-72.9% since FY2020: buybacks shrank the count.
Serina Therapeutics in its industry: growth against margin (225 companies, SIC 2834)Serina Therapeutics in its industry: growth against margin (225 companies, SIC 2834)revenue growth, year over year →↑ operating marginmedian +11%median -50%JNJLLYMRKABBVPFEBMYABTREGNTEVAVTRSVRTXBHCZTSONCOGNALNYELANJAZZBMRNPRGOAMRXUTHRRPRXNRIXINSMKeenova Therapeutics plcALKSMDGLPAHCSRPTPTCTINDVBBIOACADCORTPBHANIPKNSAPTGXHRMYIONSAXSMTGTXSUPNTVTXCOLLVREOFAMPHMIRMPCRXRARELQDAARQTIRWDARDXNATRXNCREBSZLABXERSINVACRMDMNKDRYTMURGNPHATAUPHSNDXRIGLLGNDEOLSARWRPGENHROWVNDAOPKSDGRGERNETONAGIOPBYITNGXCYRXCYTKMRVIORGONUVBLFVNSIGAKROSAMRNZVRASPRYHRTXAKBABCYCKPTIGYREMGNXELTPSEPNVRDNLFCRCrinetics Pharmaceuticals, Inc.VSTMKURATBPHLABADCTNAMSFBIOXLODERMARCTRMTIAYTUFHTXENTATNXPOCULASMBWVEAPMDBFRIABEOSTOKLXRXCAPRIDYANKTRZOMDFINBPJANXSBFMGOSSETSTRCUSCPIXLIFDCUEAQSTPRAXWHWKVERUEMMAGENBVRCACELUQUREZYMEEQABCLIMNMKYNBAKTSRNACVSICNTBTRAWISCOEVFMTVRDLPCNCAMPAtaiBeckley Inc.CTMXALMSPMHSACRSVTGNROIVKRROJAGXENSCKRSAABUSPRPHSTTKCPHITRDATXMDGOVXNWBOBIOEUPBIRDOVIDSPRBXBIOPRTAMCRBARVNMNOVSLNIGCBIOALGVNDNTHCPMDSPRORFLCOYASCYXBFRGSXTPBTAIQHCWBYARWRNACRGBPAVTXCLNNNTHIHINDAAGHALTONCOCRVOSKVIBOLTBDPTLYELIBOPULMSER (+155%, -100%)
Pharmaceutical Preparations; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Serina Therapeutics

We are a clinical-stage biotechnology company developing a pipeline of wholly-owned drug product candidates to treat neurological diseases and other indications. Our POZ drug delivery technology is designed to enable certain existing drugs and novel drug candidates to be modified in a way that provides the potential to improve the integrated efficacy and safety profile of multiple modalities including small molecules, RNA-based therapeutics and antibody-based drug conjugates (ADCs).The Company’s proprietary POZ technology is based on a synthetic, water soluble, low viscosity polymer called poly(2-oxazoline) and is engineered to provide greater control in drug loading and more precision in the rate of release of attached drugs delivered via easy-to-administer, long-acting subcutaneous injection.

In its own words, from its 10-K, filed Mar 25, 2026.

Serina Therapeutics against its Pharmaceutical Preparations peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +155% against the peers' median +10%.

CompanyQuarterRevenueY/YOp. margin
SER Serina TherapeuticsQ2 2025$130K+155%n/m
JNJ Johnson & JohnsonQ3 2026$25.4B+6%0.1%
LLY ELI LillyQ3 2026$24.4B+39%34.5%
MRK MerckQ3 2026$18.1B+5%30.7%
ABBV AbbVieQ3 2026$17.4B+10%36.0%
PFE PfizerQ3 2026$16.6B-0.4%20.4%
BMY Bristol Myers SquibbQ3 2026$13.1B+7%19.4%
ABT Abbott LaboratoriesQ3 2026$13.0B+14%10.4%
REGN Regeneron PharmaceuticalsQ3 2026$5.1B+36%40.0%

Source: Serina Therapeutics 10-Q on SEC EDGAR · CIK 1708599 · Pharmaceutical Preparations

13F: who owns SER and who is buying

Largest holders of SER (13F)Largest holders of SER (13F)Sio Capital Management, LLC$1.9MVanguard Group$344KVanguard Capital Management LLC$315KWaverly Advisors, LLC$131KGeode Capital Management, LLC$99KKeel Point, LLC$42KNorthern Trust$40KVanguard Fiduciary Trust$39KAvidian Wealth Enterprises, LLC$38KJane Street Group, LLC$30K
Funds' net buying of SER by quarter (13F)Funds' net buying of SER by quarter (13F)$542024-09−$202024-12$94K2025-03$477K2025-06$261K2025-09−$62K2025-12$1.7M2026-03−$127K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on SER

History

Every quarter: Q2 2025 results

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中文版:Serina Therapeutics(SER)财报

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