Sonendo (SONX) Q2 2025 earnings summary

Executive summary

• Total revenue for Q2 2025 was $7.4 million, down 11% year-over-year due to lower console sales and a streamlined sales team.

• Gross margin improved to 41%, up 320 basis points from the prior year period.

• Loss from continuing operations reduced by $3.6 million to $3.9 million for Q2 2025.

• Adjusted EBITDA loss improved 47% year-over-year to $3.0 million, reflecting operational efficiencies.

• Free cash flow burn reduced by 61% to $2.6 million compared to the prior year period.

Financial highlights

• Cash, cash equivalents, and short-term investments totaled $9.3 million as of June 30, 2025.

• $14.2 million of principal outstanding under the credit facility at quarter end.

Outlook and guidance

• 2025 revenue guidance reaffirmed at $31–$32 million.

• GAAP gross margin expected in the range of 44–46% for 2025.

• Adjusted EBITDA guidance for 2025 is $(11)–$(14) million.

• Free cash flow guidance for 2025 is $(12)–$(15) million.