Revenue Growth
Revenue grew 15% on a constant currency basis and 13% on a reported basis, reaching $17.8 million in Q1 2025 compared to $15.8 million in Q1 2024.
Increased Customer Base
SOPHiA GENETICS added 28 new customers in Q1 2025, increasing the total number of core genomic customers to 490.
U.S. Market Expansion
Revenue and analysis volume from U.S. core genomic customers grew over 30% year-over-year. Major expansions were announced at Henry Ford Hospital and Mayo Clinic.
Partnership Expansion with AstraZeneca
SOPHiA GENETICS expanded its partnership with AstraZeneca to deploy MSK-ACCES globally, extending the scope to 30 sponsored institutions.
Improved Gross Margin
Achieved a record 75.7% adjusted gross margin, up 520 basis points year-over-year.
Cost Management Success
Delivered a 24% year-over-year improvement to adjusted EBITDA loss, bringing it down to $9.8 million in Q1 2025.
Technology and Innovation
SOPHiA DDM analyzed over 2 million genomic patient profiles since inception, marking a significant milestone for the platform.