on Zomedica Corp. (NASDAQ:ZOM)
Zomedica Reports Record Revenue Growth in Q3 2025
Zomedica Corp, an animal health company, announced a significant 16% revenue increase for Q3 2025, reaching $8.1 million. This marks their highest quarterly earnings to date and the 19th consecutive quarter of year-over-year revenue growth. CEO Larry Heaton attributes this success to the strong demand for their PulseVet® and Assisi® therapeutic devices, alongside continued growth in their diagnostic product line, including the TRUFORMA® platform.
The introduction of Zomedica's new Development Services segment contributed $0.7 million, illustrating diversification in revenue streams. Growth in the Diagnostic segment reached 51%, supplemented by robust international sales, driven by strategic partnerships. Operating expenses decreased by $0.5 million, while gross margins remained at 67%.
Zomedica ended Q3 with $54 million in liquidity, positioning them well for future expansion and profitability.
R. E.
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