Venus Concept Inc. announced its financial results for the second quarter ended June 30, 2025, on August 14, 2025, reporting total revenue of $15.7 million, a 5% decrease compared to the second quarter of 2024. The company noted solid sequential growth of 20% in total systems and subscription sales quarter-over-quarter.
The decrease in total revenue was driven by an 18% decline in International revenue, partially offset by a 5% increase in United States revenue year-over-year. Gross profit for the quarter decreased by 20% to $9.4 million, with gross margin at 60.1%, down from 71.5% in Q2 2024.
Operating expenses increased by 6% to $18.5 million, leading to an operating loss of $9.0 million. Net loss attributable to stockholders was $11.7 million, or $8.03 per share. As of June 30, 2025, the company had $4.9 million in cash and cash equivalents and total debt obligations of approximately $34.3 million. The company did not provide financial guidance due to ongoing strategic evaluations and potential trade disruptions.
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