secwatch.observer — SEC 8-K summary
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Issuer:     PROCEPT BioRobotics Corp (PRCT)
CIK:        0001588978
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001588978-25-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PROCEPT BioRobotics Q1 revenue up 55% to $69.2M; raises FY2025 guidance to $323M
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- Total revenue $69.2M, +55% YoY; U.S. revenue $60.3M (+50%); international $8.9M (+104%).
- U.S. handpiece/consumable revenue $38.0M (+61%); U.S. system/rental $18.7M (+31%).
- Sold 43 new U.S. robotic systems; install base 547. Gross margin expanded to 64% from 56%.
- Net loss $24.7M (vs $26.0M loss YoY); Adjusted EBITDA loss $15.8M (vs $20.4M loss).
- FY2025 revenue guidance raised to $323M (+44% YoY); gross margin ~64.5% with possible $5M tariff headwind.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1588978/000158897825000022/0001588978-25-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1588978/000158897825000022/prct-20250424.htm
  HTML page:      https://secwatch.observer/filing/0001588978-25-000022

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