secwatch.observer — SEC 8-K summary
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Issuer:     Seer, Inc. (SEER)
CIK:        0001726445
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001193125-25-269705
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seer Q3 2025 revenue $4.1M, net loss $18.2M; reaffirms FY25 revenue guidance $17-18M
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- Revenue $4.1M (+2% YoY); product revenue $2.8M, service revenue $1.2M, including $300K related party.
- Gross margin 51%; operating expenses $21.5M (down 18% YoY) driven by lower stock-based comp and costs.
- Net loss $18.2M vs $21.3M Q3 2024; cash, equivalents and investments $251.2M.
- Shipped nearly 3x instruments in first 9 months of 2025 compared to all of 2024; record publications.
- FY2025 revenue guidance reaffirmed at $17M-$18M, representing ~24% growth at midpoint over FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1726445/000119312525269705/0001193125-25-269705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1726445/000119312525269705/ck0001726445-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-269705

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer