GoodRx reported Q2 EPS of 4c, missing consensus of 10c, and revenue of $203.1M, also below consensus of $205.71M. CEO Wendy Barnes expressed excitement about the company's progress, citing new deals with pharma and the launch of a condition subscription product for erectile dysfunction. The company aims to reduce friction in the healthcare system and serve as a complement to insurance.
GoodRx Holdings, Inc. (NASDAQ: GDRX) reported its second-quarter earnings on July 2, 2025, which fell short of analyst expectations. The company's earnings per share (EPS) of $0.04 missed the consensus estimate of $0.10, while revenue of $203.1 million was also below the expected $205.87 million [1].
The medication savings platform saw a 1% year-over-year (YoY) increase in revenue, driven by a 32% growth in pharma manufacturer solutions revenue to $35.0 million. However, prescription transactions revenue decreased by 3% to $143.1 million, primarily due to a 14% decline in Monthly Active Consumers, attributed to changes in the retail pharmacy landscape, including store closures and volume reduction in integrated savings programs [2].
CEO Wendy Barnes expressed excitement about the company's progress, highlighting new deals with pharmaceutical manufacturers and the launch of a condition-specific subscription product for erectile dysfunction. This new offering aims to reduce friction in the healthcare system and serve as a complement to insurance.
Despite the near-term challenges, GoodRx expects pharma manufacturer solutions to grow as a percentage of total revenue in the near to medium term. The company forecasts adjusted EBITDA between $265-$275 million for the full year 2025, representing 2-6% growth over 2024 [2].
GoodRx repurchased 10.2 million shares of Class A common stock for $46.4 million during the quarter, with $143.0 million remaining in its share repurchase program.
References:
[1] https://www.investing.com/news/earnings/goodrx-shares-tumble-as-q2-earnings-miss-expectations-93CH-4174853
[2] https://www.tradingview.com/news/tradingview:ae1287654b1a0:0-goodrx-holdings-inc-sec-10-q-report/
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