Procept Biorobotics Corp income statement
In fiscal 2025, Procept Biorobotics Corp reported revenue of $308m, up 37.2% on the year before, operating income of −$104m (a -33.7% margin) and net income of −$95.6m, or −$1.72 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 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 8 | 34 | 75 | 136 | 224 | 308 | 337 |
| Cost of revenue | 9 | 19 | 38 | 65 | 87 | 112 | 121 |
| Gross profit | −1 | 16 | 37 | 71 | 137 | 196 | 217 |
| Research and development | 16 | 19 | 29 | 48 | 62 | 71 | 79 |
| Selling, general and administrative | 30 | 51 | 89 | 132 | 171 | 229 | 252 |
| Operating income | −48 | −54 | −81 | −109 | −97 | −104 | −114 |
| Interest expense | 5 | 6 | 5 | 4 | 4 | 4 | 3 |
| Provision for credit losses | — | — | 0 | 0 | 1 | — | — |
| Income before tax | — | — | — | −106 | −91 | −95 | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −53 | −60 | −87 | −106 | −91 | −96 | −110 |
| Diluted EPS | −$14.47 | −$3.63 | −$1.96 | −$2.24 | −$1.75 | −$1.72 | −$1.95 |
| Diluted shares (average) | 4m | 16m | 44m | 47m | 52m | 56m | 56m |
| EBITDA | −45 | −51 | −78 | −105 | −91 | −97 | −107 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 58 | 68 | 69 | 79 | 83 | 76 | 83 | 94 |
| Cost of revenue | 21 | 25 | 25 | 27 | 29 | 30 | 29 | 32 |
| Gross profit | 37 | 44 | 44 | 52 | 54 | 46 | 54 | 62 |
| Research and development | 17 | 15 | 16 | 18 | 18 | 19 | 21 | 20 |
| Selling, general and administrative | 43 | 48 | 55 | 56 | 59 | 58 | 65 | 70 |
| Operating income | −22 | −20 | −27 | −22 | −23 | −31 | −33 | −27 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Provision for credit losses | — | 0 | — | — | — | — | — | — |
| Income before tax | — | — | −25 | −19 | — | — | −32 | −27 |
| Income tax | — | — | −0 | 0 | — | — | −0 | 0 |
| Net income | −21 | −19 | −25 | −20 | −21 | −30 | −32 | −27 |
| Diluted EPS | −$0.40 | −$0.34 | −$0.45 | −$0.35 | −$0.38 | −$0.53 | −$0.56 | −$0.47 |
| EBITDA | −21 | −18 | −26 | −21 | −22 | −29 | −31 | −25 |
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