Filing Flows › Tenon Medical (TNON) › Q2 2025
Tenon Medical (TNON) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Tenon Medical (TNON) reported revenue of $564K for the second quarter 2025 (Q2 2025), -37% from a year earlier and -22% from the quarter before. Operating margin was -506.6%, net loss $2.8M (491.0% of revenue).
Tenon Medical, Q2 2025: revenue $564K (-37% year over year), operating margin -506.6%, net loss $2.8M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $564K | -22% | -37% |
| Operating profit | −$2.9M | — | — |
| Net earnings | −$2.8M | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $564K in Q2 2025, down 37% year over year and down 22% from the previous quarter.
Gross margin was 43.4%, down 8.7 points from a year earlier. Operating costs exceeded revenue by $2.9M, an operating margin of -506.6%. Operating expenses fell 29% while revenue fell 37%. The quarter ended with a net loss of $2.8M, narrower than the previous quarter's $3.6M loss.
Operating cash flow was −$2.2M. Non-cash charges added back $48K of depreciation and $417K of share-based compensation.
Questions
What was Tenon Medical's revenue in the second quarter 2025?
Tenon Medical (TNON) reported revenue of $564K for the second quarter 2025 (Q2 2025), -37% from a year earlier and -22% from the quarter before.
Was Tenon Medical profitable in the second quarter 2025?
Operating loss was $2.9M (-506.6% of revenue) and net loss $2.8M.
Source: Tenon Medical 10-Q on SEC EDGAR.