Cost Reduction Achievements
Ginkgo achieved a $250 million annual run rate cost savings target a quarter early, significantly reducing their cash burn.
Cash Reserve and Debt Position
The company reported $474 million in cash and cash equivalents with no bank debt, providing a strong cash margin of safety.
Revenue Growth in Cell Engineering
Cell Engineering revenue grew to $39 million, an 8% increase compared to the second quarter of 2024.
Improvement in Adjusted EBITDA
Adjusted EBITDA improved by 72%, from negative $99 million in Q2 2024 to negative $28 million in Q2 2025.
Expansion into Life Science Tools
Successfully launched a new reagent product with initial sales and over 100 sample requests, marking an entry into the academic research market.