earnings
confidence high
sentiment positive
materiality 0.60
Bionano Q1 revenue $6.7M (+4% YoY); gross margin 49%; positive coding updates
Bionano Genomics, Inc.
2026-Q1 EPS
reported -$0.76
vs consensus -$0.97
▲ beat
(+21.6%)
- Total revenue $6.7M (+4% vs $6.5M Q1 2025); consumables revenue $3.9M (+20%).
- Gross margin improved to 49% from 46% YoY; sold 8,178 nanochannel flow cells (+17%).
- Operating expenses cut 2% to $11.1M; adjusted op. expense +7% to $9.1M.
- New CPT code 81354 for OGM in constitutional genetics effective Jan 1, 2026, priced above microarray codes.
- Final CLFS shows 47% payment increase for CPT 81195 (OGM in hematologic malignancy) to $1,853.22.