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Spero Therapeutics (SPRO) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 27, 2025

Spero Therapeutics (SPRO) reported revenue of $15.0M for the fourth quarter 2024 (Q4 2024), -80% from a year earlier and +12% from the quarter before. Operating margin was -144.4%, net loss $20.9M (138.8% of revenue).

Revenue$15.0M
Year over year-80%
Quarter over quarter+12%
Operating margin-144.4%
Net earnings−$20.9M

Spero Therapeutics, Q4 2024: revenue $15.0M (-80% year over year), operating margin -144.4%, net loss $20.9M, operating cash flow −$23.4M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$15.0M+12%-80%
Operating profit−$21.7M——
Net earnings−$20.9M——
Operating cash flow−$23.4M——

What changed

Revenue was $15.0M in Q4 2024, down 80% year over year and up 12% from the previous quarter.

Operating costs exceeded revenue by $21.7M, an operating margin of -144.4%. Total costs grew 60% against a revenue fall of 80%. The fastest-growing cost line was Research & development (+74%). The quarter ended with a net loss of $20.9M, wider than the previous quarter's $17.1M loss.

Operating cash flow was −$23.4M. Non-cash charges added back $1.5M of share-based compensation. Working capital and other items used $4.0M.

Questions

What was Spero Therapeutics' revenue in the fourth quarter 2024?

Spero Therapeutics (SPRO) reported revenue of $15.0M for the fourth quarter 2024 (Q4 2024), -80% from a year earlier and +12% from the quarter before.

Was Spero Therapeutics profitable in the fourth quarter 2024?

Operating loss was $21.7M (-144.4% of revenue) and net loss $20.9M.

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Source: Spero Therapeutics 10-K on SEC EDGAR.