Cerus Corp income statement
In fiscal 2025, Cerus Corp reported revenue of $234m, up 16.1% on the year before, operating income of −$8.7m (a -3.7% margin) and net income of −$15.6m, or −$0.08 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18 | 23 | 33 | 37 | 40 | 36 | 34 | 39 | 51 | 76 | 94 | 114 | 160 | 188 | 187 | 201 | 234 | 254 |
| Cost of revenue | — | — | — | — | — | — | — | 20 | 23 | 32 | 33 | 41 | — | — | — | — | — | — |
| Gross profit | 5 | 10 | 12 | 16 | 17 | 15 | 11 | 17 | 29 | 44 | 60 | 73 | — | — | — | — | — | — |
| Research and development | 6 | 5 | 7 | 8 | 15 | 22 | 26 | 31 | 34 | 43 | 60 | 64 | 64 | 64 | 68 | 59 | 68 | 60 |
| Selling, general and administrative | 22 | 22 | 23 | 26 | 30 | 38 | 46 | 49 | 53 | 57 | 66 | 67 | 81 | 83 | 76 | 76 | 81 | 86 |
| Operating income | −24 | −16 | −16 | −17 | −28 | −45 | −61 | −61 | −58 | −55 | −66 | −58 | −49 | −34 | −30 | −14 | −9 | −2 |
| Interest expense | 0 | 1 | 1 | 1 | 0 | 1 | 2 | 2 | 3 | 4 | 6 | 4 | 5 | 6 | 8 | 9 | 8 | 7 |
| Income before tax | — | −17 | −17 | −16 | −43 | −39 | −60 | −63 | −57 | −57 | −71 | −60 | −54 | −42 | −37 | −21 | −15 | −7 |
| Income tax | — | 0 | 0 | 0 | 0 | 0 | −4 | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −24 | −17 | −17 | −16 | −43 | −39 | −56 | −63 | −61 | −58 | −71 | −60 | −54 | −43 | −37 | −21 | −16 | −7 |
| Diluted EPS | −$0.69 | −$0.42 | −$0.35 | −$0.33 | −$0.64 | −$0.61 | −$0.61 | −$0.62 | −$0.56 | −$0.44 | −$0.51 | −$0.37 | −$0.32 | −$0.24 | −$0.21 | −$0.11 | −$0.08 | −$0.04 |
| Diluted shares (average) | 35m | — | 48m | 55m | 68m | 77m | 97m | 102m | 108m | 132m | 140m | 164m | 171m | 177m | 180m | 185m | 191m | 197m |
| EBITDA | −23 | −15 | −15 | −17 | −28 | −43 | −59 | −60 | −56 | −54 | −64 | −55 | −46 | −31 | −27 | −12 | −7 | −1 |
| Quarter | 2018 Q4Dec 2018 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32 | 43 | 52 | 53 | 85 | 54 | 57 | 58 |
| Cost of revenue | 8 | — | — | — | — | — | — | — |
| Gross profit | 23 | — | — | — | — | — | — | — |
| Research and development | 12 | 17 | 19 | 16 | 16 | 15 | 14 | 14 |
| Selling, general and administrative | 15 | 20 | 21 | 19 | 21 | 20 | 23 | 22 |
| Operating income | −15 | −6 | −3 | 1 | −1 | −0 | −2 | 0 |
| Interest expense | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Income before tax | −16 | −8 | −6 | 0 | −2 | −2 | −3 | −1 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −16 | −8 | −6 | −0 | −2 | −2 | −3 | −1 |
| Diluted EPS | −$0.12 | −$0.04 | −$0.03 | $0.00 | −$0.01 | −$0.01 | −$0.01 | $0.00 |
| EBITDA | −15 | −6 | −3 | 2 | −0 | 0 | −1 | 1 |
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