---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-012651"
form_type: "8-K"
ticker: "PRCT"
cik: "0001588978"
company_name: "PROCEPT BioRobotics Corp"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:41:46.843494+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PROCEPT BioRobotics Q1 revenue $14.2M (+97% YoY); raises FY2022 revenue guidance to $58-62M

## Summary
- Q1 total revenue $14.2M, +97% YoY; U.S. system revenue $7.8M (+70%), handpiece & consumables $4.4M (+174%).
- Net loss widened to $17.2M from $12.8M; operating expenses $23.4M, up from $14.9M.
- Raised FY2022 revenue guidance to $58-62M (prior $54-58M); reaffirms Adjusted EBITDA loss of ($63)-($60)M.
- Install base of Aquabeam Robotic Systems in U.S. grew to 93 systems; received regulatory approvals in Korea and Japan.
- Gross margin improved to 54% from 49%; cash & short-term investments $284.3M, long-term debt $50.0M.

## SEC filing metadata
- accession: 0001628280-22-012651
- form_type: 8-K
- ticker: PRCT
- cik: 0001588978
- company_name: PROCEPT BioRobotics Corp
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1588978/000162828022012651/0001628280-22-012651-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1588978/000162828022012651/prct-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-012651
- JSON: https://secwatch.observer/filing/0001628280-22-012651.json
- Plain text: https://secwatch.observer/filing/0001628280-22-012651.txt

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