Onconetix, Inc. stock research
FY2025 Q2
Onconetix (ONCO) Gross Margin — Quarter Ended Jun 30, 2025
Revenue was slightly higher than the prior quarter but substantially lower than the same quarter last year. Gross profit improved sequentially, while cost of revenue declined both sequentially and year-over-year, resulting in a higher gross margin compared to both periods.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue was slightly higher than the prior quarter but substantially lower than the same quarter last year. Gross profit improved sequentially, while cost of revenue declined both sequentially and year-over-year, resulting in a higher gross margin compared to both periods.
- The strongest observable driver of gross margin improvement was the lower cost of revenue relative to revenue, as cost of revenue decreased more than the change in revenue.
- Compared to the immediately preceding quarter, revenue was slightly higher, gross profit increased, and gross margin strengthened. Compared to the same quarter one year earlier, revenue was lower, gross profit was lower, but gross margin improved significantly.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
66.2%
Gross profit
$70503
Revenue
$106494
Cost of revenue
$35991
Quarter-over-quarter change
+21.1 pts
Year-over-year change
+51.9 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Sep 30, 2024 | $406859 | $105414 | $301445 | 25.9% |
| Dec 31, 2024 | $711976 | $659968 | $52008 | 92.7% |
| Mar 31, 2025 | $101630 | $45832 | $55798 | 45.1% |
| Jun 30, 2025 | $106494 | $70503 | $35991 | 66.2% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
+21.1 pts
Year-over-year change
Jun 30, 2024
+51.9 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable driver of gross margin improvement was the lower cost of revenue relative to revenue, as cost of revenue decreased more than the change in revenue.
Compared to the immediately preceding quarter, revenue was slightly higher, gross profit increased, and gross margin strengthened. Compared to the same quarter one year earlier, revenue was lower, gross profit was lower, but gross margin improved significantly.
Monitor the company's liquidity position, as the filing indicates cash is insufficient to fund operations for the next twelve months.