Monitor the upcoming 10-Q filing by May 15 for confirmation of full financials and any adjustments to preliminary data. The strong revenue growth suggests improving commercial traction, but gross margin trends and cash flow sustainability remain key unknowns.
Price Chart
Executive Summary
Picard Medical reported preliminary unaudited revenue of $1.1 million for Q1 2026, a 79.9% increase from $0.6 million in Q1 2025, driven by higher SynCardia Total Artificial Heart sales and pricing adjustments for driver rentals. The full financial results will be filed in the 10-Q by May 15, 2026.
Key Financial Metrics
Key Facts
- Q1 2026 revenue: $1.1 million (up 79.9% YoY from $0.6 million in Q1 2025)
- Growth driven by higher STAH sales and pricing adjustments in the U.S.
- Preliminary, unaudited financial data — full results to be filed in 10-Q by May 15, 2026
- Company remains an emerging growth company
Financial Impact
Revenue increased by $0.5 million year-over-year
Risk Factors
- Preliminary data is unaudited and subject to change
- No EPS or profitability metrics provided — revenue growth may not reflect bottom-line improvement
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001829126-26-003733 |
| Document: picardmedical_ex99-1.htm | 0001829126-26-003733 |
| Document: 0001829126-26-003733-index-headers.html | 0001829126-26-003733 |
| Document: 0001829126-26-003733-index.html | 0001829126-26-003733 |
| Document: 0001829126-26-003733.txt | 0001829126-26-003733 |
| 8-K Data (Synthetic) | 0001829126-26-003733 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 8-K | $6.43 | awaiting T+60 | — | $6.83 (+6.22%) |
Oct 22, 2026 5d ago | S-3 | $7.37 | awaiting T+60 | — | $6.83 (+7.33%) |
Oct 6, 2026 21d ago | 8-K | $8.74 | awaiting T+60 | — | $6.83 (+21.85%) |
Jul 27, 2026 13w ago | 8-K | $0.0878 $0.2096 | ▲ +138.72% | ▲ +134.67% | $6.83 (+7679.04%) |
Jul 15, 2026 14w ago | DEFA14A | $0.1600 $0.1896 | ▲ +18.50% | ▲ +14.79% | $6.83 (+4168.75%) |
Jul 8, 2026 15w ago | DEFA14A | $0.1500 $0.0864 | ▼ −42.40% | ▼ −44.89% | $6.83 (+4453.33%) |
Jul 2, 2026 16w ago | 8-K / 425 | $0.1694 | awaiting T+60 | — | $6.83 (+3931.88%) |
Jun 29, 2026 17w ago | 8-K | $0.1559 $0.0910 | ▼ −41.63% | ▼ −45.25% | $6.83 (+4281.01%) |
Jun 2, 2026 21w ago | Press Release | $13.50 | awaiting T+60 | — | $6.83 (−49.41%) |
Jun 2, 2026 21w ago | 8-K | $13.50 | awaiting T+60 | — | $6.83 (+49.41%) |
US Market Status
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