earnings
confidence high
sentiment positive
materiality 0.78
Personalis Q1 clinical test volume +258% YoY to 7,815; secures Medicare coverage for lung cancer
Personalis, Inc.
2026-Q1 EPS
reported -$0.29
vs consensus -$0.28
▼ miss
(-5.4%)
- Revenue $15.5M vs $20.6M YoY; clinical revenue $1.4M vs $0.3M as non-core revenue declined.
- Cash, equivalents & short-term investments $233.2M; includes ~$21M net from ATM at $10.00/share.
- Full-year 2026 guidance reaffirmed: total revenue $78-80M, clinical tests 43-45k, net loss ~$105M.
- Second Medicare coverage in six months (lung cancer surveillance) follows prior breast cancer win.
- CEO states 'Win-in-MRD' strategy working; clinical revenue expected to grow five-fold in 2026.