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Ekso Bionics (EKSO) investor relations material
Ekso Bionics Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary28 Jul, 2025
Executive summary
Q2 2025 revenue declined sharply to $2.1M, mainly due to delayed Enterprise Health sales, partially offset by strong growth in Personal Health products.
Net loss for Q2 2025 was $2.7M ($1.24/share), up from $2.4M ($1.99/share) in Q2 2024.
Gross margin declined to 40% from 53% year-over-year, impacted by lower Enterprise Health sales and higher shipping costs.
Management remains confident in closing deferred sales and returning to growth in the second half of 2025, with a focus on expanding personal health and integrating AI capabilities.
Company launched new AI initiatives, including the Ekso Voice Agent, and expanded educational offerings with eksoUniversity.
Financial highlights
Q2 2025 revenue: $2.1M (Q2 2024: $5.0M); gross profit: $0.8M (40% margin) vs. $2.6M (53% margin) year-over-year.
Net loss: $2.7M ($1.24/share) vs. $2.4M ($1.99/share) in Q2 2024.
Cash and restricted cash at June 30, 2025: $5.2M.
Operating expenses improved 4% to $4.8M from $5.0M in Q2 2024; G&A increased due to lower allocable manufacturing costs and an intangible asset impairment.
Working capital at June 30, 2025: $9.3M (Dec 31, 2024: $11.3M).
Outlook and guidance
Deferred enterprise health sales of $1.4M expected to close in 2025, with $1M likely in Q3.
Personal health product revenue projected to reach 25% of total revenue in 2025, up from 10% in 2024.
Management expects to recover deferred Enterprise Health sales in the second half of 2025 and anticipates continued strong growth from Personal Health products.
Additional financing is being sought to meet cash requirements for the next 12 months; failure to secure funding may require cost reductions or curtailment of development projects.
Unrestricted cash projected to fund operations into Q4 2025.
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Next Ekso Bionics earnings date
Q3 202527 Oct, 2025
Next Ekso Bionics earnings date
Q3 202527 Oct, 2025
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Frequently asked questions
Ekso Bionics Holdings Inc. is a company that develops and manufactures wearable exoskeletons designed to enhance human mobility and strength. Its core products include robotic exoskeletons used in rehabilitation and industrial applications. In healthcare, Ekso Bionics provides solutions that help patients with neurological conditions or injuries to regain mobility through assisted walking. The company's exoskeletons are also used in industrial settings to reduce worker fatigue and prevent injuries by augmenting human strength and endurance during heavy lifting and repetitive tasks. The company is headquartered in Richmond, California, USA, and its shares are listed on the NASDAQ.
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