Filing Flows › Si-Bone (SIBN) › Q2 2025
Si-Bone (SIBN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Si-Bone (SIBN) reported revenue of $48.6M for the second quarter 2025 (Q2 2025), +22% from a year earlier and +3% from the quarter before. Operating margin was -14.4%, net loss $6.2M (12.7% of revenue).
Si-Bone, Q2 2025: revenue $48.6M (+22% year over year), operating margin -14.4%, net loss $6.2M, operating cash flow $173K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $48.6M | +3% | +22% |
| Operating profit | −$7.0M | — | — |
| Net earnings | −$6.2M | — | — |
| Operating cash flow | $173K | — | — |
What changed
Revenue was $48.6M in Q2 2025, up 22% year over year and up 3% from the previous quarter.
Gross margin was 79.8%, up 0.8 points from a year earlier. Operating costs exceeded revenue by $7.0M, an operating margin of -14.4%. Operating expenses grew 10% against revenue growth of 22%. The fastest-growing cost line was General & admin (+29%). The quarter ended with a net loss of $6.2M, narrower than the previous quarter's $6.5M loss.
Operating cash flow was $173K. Non-cash charges added back $1.4M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items used $1.7M. Capital expenditures of $2.1M exceeded it, leaving free cash flow of −$1.9M.
Questions
What was Si-Bone's revenue in the second quarter 2025?
Si-Bone (SIBN) reported revenue of $48.6M for the second quarter 2025 (Q2 2025), +22% from a year earlier and +3% from the quarter before.
Was Si-Bone profitable in the second quarter 2025?
Operating loss was $7.0M (-14.4% of revenue) and net loss $6.2M.
Source: Si-Bone 10-Q on SEC EDGAR.