---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-003733"
form_type: "8-K"
ticker: "PMI"
cik: "0002030617"
company_name: "Picard Medical, Inc."
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:56:56.592862+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Picard Medical Q1 preliminary revenue up 79.9% to $1.1M; driven by STAH sales

## Summary
- Preliminary unaudited revenue of $1.1M for Q1 2026 vs $0.6M in Q1 2025, a 79.9% increase.
- Growth driven by higher SynCardia Total Artificial Heart (STAH) sales, favorable U.S. reimbursement, and pricing adjustments on driver rentals.
- CEO cites progress in commercial initiatives and increased STAH utilization as bridge-to-transplant.
- Full Q1 results to be filed in Form 10-Q on or before May 15, 2026.

## SEC filing metadata
- accession: 0001829126-26-003733
- form_type: 8-K
- ticker: PMI
- cik: 0002030617
- company_name: Picard Medical, Inc.
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030617/000182912626003733/0001829126-26-003733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030617/000182912626003733/picardmedical_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-003733
- JSON: https://secwatch.observer/filing/0001829126-26-003733.json
- Plain text: https://secwatch.observer/filing/0001829126-26-003733.txt

## Key facts
- Earnings Releases
  Picard Medical, Inc. reported first quarter ended March 31, 2026 results: revenue $1.1 million.
  - Period: first quarter ended March 31, 2026
  - Revenue: $1.1 million
  - Result: preliminary results
  source text: Revenue rose 79.9% to $1.1 million for the three months ended March 31, 2026, from $0.6 million for the three months ended March 31, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/2030617/000182912626003733/0001829126-26-003733-index.htm

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