8-K
filed May 7, 2026, 7:59 PM ET
ticker PROF
CIK 0001628808
earnings
confidence high
sentiment positive
materiality 0.90
Profound Medical Reports Strong Q1 2026 Results with 104% Revenue Growth and Humana Coverage
Profound Medical Corp.
2026-Q1 EPS reported
$0.19
revenue$5,337,000
- Revenue grew 104% year-over-year to $5.3M, with $2.5M recurring and $2.9M capital equipment.
- Net loss improved 34% to $7.0M ($0.19 per share) from $10.7M in Q1 2025.
- Humana became first national U.S. payor to cover the TULSA Procedure, adding ~8.5M covered lives.
- CAPTAIN trial met primary safety endpoint; TULSA INDEX20 average procedures per quarter rose to 11.3.
- Full-year 2026 revenue guidance set at ~$25M, representing 56% growth over prior year.
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