Filing Flows › Surrozen (SRZN) › Q2 2025
Surrozen (SRZN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Surrozen (SRZN) reported revenue of $983K for the second quarter 2025 (Q2 2025) and 0% from the quarter before. Operating margin was -917.3%.
Surrozen, Q2 2025: revenue $983K, operating margin -917.3%, net earnings $39.7M, operating cash flow −$6.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $983K | 0% | — |
| Operating profit | −$9.0M | — | — |
| Net earnings | $39.7M | — | — |
| Operating cash flow | −$6.1M | — | — |
What changed
Revenue was $1.0M in Q2 2025, roughly flat from the previous quarter.
Operating costs exceeded revenue by $9.0M, an operating margin of -917.3%. Net earnings were $39.7M. The effective tax rate was 0.0%. Non-operating items added $48.8M, 123% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$6.1M. Non-cash charges added back $137K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $47.0M. Capital expenditures of $18K exceeded it, leaving free cash flow of −$6.1M.
Questions
What was Surrozen's revenue in the second quarter 2025?
Surrozen (SRZN) reported revenue of $983K for the second quarter 2025 (Q2 2025) and 0% from the quarter before.
Was Surrozen profitable in the second quarter 2025?
Operating loss was $9.0M (-917.3% of revenue) and net earnings $39.7M.
Source: Surrozen 10-Q on SEC EDGAR.