Filing Flows › Si-Bone (SIBN) › Q1 2025
Si-Bone (SIBN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Si-Bone (SIBN) reported revenue of $47.3M for the first quarter 2025 (Q1 2025), +25% from a year earlier and -3% from the quarter before. Operating margin was -15.8%, net loss $6.5M (13.8% of revenue).
Si-Bone, Q1 2025: revenue $47.3M (+25% year over year), operating margin -15.8%, net loss $6.5M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.3M | -3% | +25% |
| Operating profit | −$7.5M | — | — |
| Net earnings | −$6.5M | — | — |
| Operating cash flow | −$4.9M | — | — |
What changed
Revenue was $47.3M in Q1 2025, up 25% year over year and down 3% from the previous quarter.
Gross margin was 79.7%, up 0.8 points from a year earlier. Operating costs exceeded revenue by $7.5M, an operating margin of -15.8%. Operating expenses grew 8% against revenue growth of 25%. The fastest-growing cost line was General & admin (+22%). The quarter ended with a net loss of $6.5M, wider than the previous quarter's $4.5M loss.
Operating cash flow was −$4.9M. Non-cash charges added back $1.3M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items used $6.3M. Capital expenditures of $2.1M exceeded it, leaving free cash flow of −$7.0M.
Questions
What was Si-Bone's revenue in the first quarter 2025?
Si-Bone (SIBN) reported revenue of $47.3M for the first quarter 2025 (Q1 2025), +25% from a year earlier and -3% from the quarter before.
Was Si-Bone profitable in the first quarter 2025?
Operating loss was $7.5M (-15.8% of revenue) and net loss $6.5M.
Source: Si-Bone 10-Q on SEC EDGAR.