---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-455529"
form_type: "8-K"
ticker: "SEER"
cik: "0001726445"
company_name: "Seer, Inc."
filed_at: "2026-11-10T21:22:03+00:00"
generated_at: "2026-11-10T21:23:05.980376+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Seer Q3 revenue $4.0M, down 3% YoY; FY26 guidance cut to $13.5-$14.5M from $16-$18M

## Summary
- Q3 2026 revenue $4.0M vs $4.1M in Q3 2025 (-3%); product revenue $2.8M, service $1.1M, related party $0.1M, other ~$67,000.
- Gross profit $1.9M, gross margin 47%; operating expenses $16.5M, down 23% from $21.5M; net loss $13.7M vs $18.2M a year ago.
- FY2026 revenue guidance lowered to $13.5-$14.5M from prior $16-$18M, citing academic/government funding pressure and late-stage deals slipping.
- Cash and investments $198.1M at Sept 30; 9-month operating burn $34.5M, free cash flow -$34.8M. Repurchased 13.5M shares at $1.85 avg; $25M left of $50M authorization.
- ITC staff recommended full exclusion and cease-and-desist orders after Nanomics withdrew; final determination expected by year-end. Oct 29 review ended with Seer staying independent.

## SEC filing metadata
- accession: 0001193125-26-455529
- form_type: 8-K
- ticker: SEER
- cik: 0001726445
- company_name: Seer, Inc.
- filed_at: 2026-11-10T21:22:03+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1726445/000119312526455529/0001193125-26-455529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1726445/000119312526455529/ck0001726445-20261110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-455529
- JSON: https://secwatch.observer/filing/0001193125-26-455529.json
- Plain text: https://secwatch.observer/filing/0001193125-26-455529.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.