earnings
confidence high
sentiment negative
materiality 0.75
Sensus Healthcare Q1 revenue drops to $3.4M; cash $18.3M, no debt
Sensus Healthcare, Inc.
2026-Q1 EPS reported
-$0.16
revenue$3,394,000
- Revenue of $3.4M, down 59% vs $8.3M in Q1 2025; no sales to historically largest customer (15 units in prior year).
- Shipped 14 SRT systems (10 direct, 4 placements) vs 30 in prior year; excluding largest customer sales, revenue up from $2.7M.
- Gross margin fell to 29.2% from 52.2% due to product mix and Fair Deal placements; adjusted EBITDA -$4.2M vs -$2.5M.
- New CPT codes for SRT effective Jan 1, 2026 drove higher inquiry levels and pipeline activity.
- Launched Sensus Healthcare Financial Services and Sensus Link; Fair Deal treatment volumes up 8% YoY.