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Entrada Therapeutics (TRDA) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 6, 2025

Entrada Therapeutics (TRDA) reported revenue of $1.6M for the third quarter 2025 (Q3 2025), -92% from a year earlier and -17% from the quarter before.

Revenue$1.6M
Year over year-92%
Quarter over quarter-17%
Operating margin—
Net earnings−$44.1M

Entrada Therapeutics, Q3 2025: revenue $1.6M (-92% year over year), net loss $44.1M, operating cash flow −$28.3M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$1.6M-17%-92%
Operating profit−$47.1M——
Net earnings−$44.1M——
Operating cash flow−$28.3M——

What changed

Revenue was $1.6M in Q3 2025, down 92% year over year and down 17% from the previous quarter.

Operating costs exceeded revenue by $47.1M, an operating margin of -2915.2%. Total costs grew 18% against a revenue fall of 92%. The fastest-growing cost line was Research & development (+23%). The quarter ended with a net loss of $44.1M, wider than the previous quarter's $43.1M loss.

Operating cash flow was −$28.3M. Non-cash charges added back $1.2M of depreciation and $5.1M of share-based compensation. Working capital and other items added $9.5M. Capital expenditures of −$171K exceeded it, leaving free cash flow of −$28.1M.

Questions

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

Entrada Therapeutics (TRDA) reported revenue of $1.6M for the third quarter 2025 (Q3 2025), -92% from a year earlier and -17% from the quarter before.

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Source: Entrada Therapeutics 10-Q on SEC EDGAR.