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TherapeuticsMD (TXMD) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 12, 2025

TherapeuticsMD (TXMD) reported revenue of $952K for the second quarter 2025 (Q2 2025), +307% from a year earlier and +142% from the quarter before. Operating margin was -73.0%, net earnings $551K (57.9% of revenue).

Revenue$952K
Year over year+307%
Quarter over quarter+142%
Operating margin-73.0%
Net earnings$551K

TherapeuticsMD, Q2 2025: revenue $952K (+307% year over year), operating margin -73.0%, net earnings $551K, operating cash flow $381K. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$952K+142%+307%
Operating profit−$695K——
Net earnings$551K——
Operating cash flow$381K-45%-74%

What changed

Revenue was $1.0M in Q2 2025, up 307% year over year and up 142% from the previous quarter.

Operating costs exceeded revenue by $695K, an operating margin of -73.0%. Total costs fell 46% while revenue rose 307%. Net earnings were $551K. The effective tax rate was 0.0%. Non-operating items added $1.2M, 226% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $381K (down 74% year over year), 69% of net earnings. Non-cash charges added back $96K of depreciation and amortization and $1K of share-based compensation. Working capital and other items used $267K.

Questions

What was TherapeuticsMD's revenue in the second quarter 2025?

TherapeuticsMD (TXMD) reported revenue of $952K for the second quarter 2025 (Q2 2025), +307% from a year earlier and +142% from the quarter before.

Was TherapeuticsMD profitable in the second quarter 2025?

Operating loss was $695K (-73.0% of revenue) and net earnings $551K.

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Source: TherapeuticsMD 10-Q on SEC EDGAR.