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Entrada Therapeutics (TRDA) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 6, 2025

Entrada Therapeutics (TRDA) reported revenue of $1.9M for the second quarter 2025 (Q2 2025), -98% from a year earlier and -91% from the quarter before.

Revenue$1.9M
Year over year-98%
Quarter over quarter-91%
Operating margin—
Net earnings−$43.1M

Entrada Therapeutics, Q2 2025: revenue $1.9M (-98% year over year), net loss $43.1M, operating cash flow −$29.5M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$1.9M-91%-98%
Operating profit−$46.8M——
Net earnings−$43.1M——
Operating cash flow−$29.5M——

What changed

Revenue was $1.9M in Q2 2025, down 98% year over year and down 91% from the previous quarter.

Operating costs exceeded revenue by $46.8M, an operating margin of -2402.5%. Total costs grew 18% against a revenue fall of 98%. The fastest-growing cost line was General & admin (+18%). The quarter ended with a net loss of $43.1M, wider than the previous quarter's $17.3M loss.

Operating cash flow was −$29.5M. Non-cash charges added back $1.1M of depreciation and $5.0M of share-based compensation. Working capital and other items added $7.5M. Capital expenditures of $275K exceeded it, leaving free cash flow of −$29.8M.

Questions

What was Entrada Therapeutics' revenue in the second quarter 2025?

Entrada Therapeutics (TRDA) reported revenue of $1.9M for the second quarter 2025 (Q2 2025), -98% from a year earlier and -91% from the quarter before.

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Source: Entrada Therapeutics 10-Q on SEC EDGAR.