earnings
confidence high
sentiment positive
materiality 0.78
Alamar Q1 revenue doubled to $26.0M; net loss $21.3M on convertible note remeasurement
Alamar Biosciences, Inc.
2026-Q1 EPS reported
-$1.74
revenue$26,035,000
- Total revenue $26.0M, +99% YoY; consumable revenue surged 178% to $14.0M.
- Gross margin improved to 56% from 49% on manufacturing efficiencies and product mix.
- Net loss $21.3M, including $8.6M non-cash loss on convertible notes; operating loss $12.3M.
- Cash $69.5M at March 31; after quarter-end IPO raised $197.8M net proceeds.
- Launched NULISAseq Neuro 220 Panel and NULISAqpcr AD 5-plex in Q1.