Filing Flows › Tenon Medical (TNON) › Q1 2025
Tenon Medical (TNON) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Tenon Medical (TNON) reported revenue of $726K for the first quarter 2025 (Q1 2025), +1% from a year earlier and -6% from the quarter before. Operating margin was -506.5%, net loss $3.6M (498.1% of revenue).
Tenon Medical, Q1 2025: revenue $726K (+1% year over year), operating margin -506.5%, net loss $3.6M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $726K | -6% | +1% |
| Operating profit | −$3.7M | — | — |
| Net earnings | −$3.6M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $726K in Q1 2025, up 1% year over year and down 6% from the previous quarter.
Gross margin was 44.5%, down 20.9 points from a year earlier. Operating costs exceeded revenue by $3.7M, an operating margin of -506.5%. Operating expenses grew 1% against revenue growth of 1%. The fastest-growing cost line was Sales & marketing (+19%). The quarter ended with a net loss of $3.6M, wider than the previous quarter's $3.1M loss.
Operating cash flow was −$2.5M. Non-cash charges added back $42K of depreciation and $872K of share-based compensation. Working capital and other items added $219K.
Questions
What was Tenon Medical's revenue in the first quarter 2025?
Tenon Medical (TNON) reported revenue of $726K for the first quarter 2025 (Q1 2025), +1% from a year earlier and -6% from the quarter before.
Was Tenon Medical profitable in the first quarter 2025?
Operating loss was $3.7M (-506.5% of revenue) and net loss $3.6M.
Source: Tenon Medical 10-Q on SEC EDGAR.