earnings
confidence high
sentiment neutral
materiality 0.70
Picard Medical FY2025 revenue up 12.5% to $4.9M, net loss widens to $27.0M
Picard Medical, Inc.
- Revenue $4.94M (+12.5% YoY); product revenue $4.75M, 96% of total.
- Gross margin negative 4.1% vs -2.6% in 2024; gross loss $(0.2)M.
- Operating loss $(13.3)M, slightly improved from $(13.7)M; net loss $(27.0)M vs $(21.1)M.
- Cash & equivalents $11.5M at year-end vs $0.1M in 2024; raised $17.4M net from equity and $9.7M net from debt in 2025.
- Company expects to continue investing; additional capital needed to support operations.