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bioAffinity Technologies (BIAF) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

bioAffinity Technologies (BIAF) reported revenue of $1.5M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +12% from the quarter before. Operating margin was -220.8%, net loss $3.4M (222.8% of revenue).

Revenue$1.5M
Year over year+19%
Quarter over quarter+12%
Operating margin-220.8%
Net earnings−$3.4M

bioAffinity Technologies, Q2 2026: revenue $1.5M (+19% year over year), operating margin -220.8%, net loss $3.4M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.5M+12%+19%
Operating profit−$3.3M——
Net earnings−$3.4M——
Operating cash flow−$3.2M——

What changed

Revenue was $1.5M in Q2 2026, up 19% year over year and up 12% from the previous quarter. Health Care, Patient Service was the largest line at 82% of revenue. Health Care, Patient Service added $302K year over year (up 32%), 125% of the total change. Other Revenues declined 58%.

Operating costs exceeded revenue by $3.3M, an operating margin of -220.8%. Total costs grew 28% against revenue growth of 19%. The fastest-growing cost line was SG&A (+29%). The quarter ended with a net loss of $3.4M, narrower than the previous quarter's $3.6M loss.

Operating cash flow was −$3.2M. Non-cash charges added back $62K of depreciation and amortization and $785K of share-based compensation. Working capital and other items used $682K. Capital expenditures of $90K exceeded it, leaving free cash flow of −$3.3M.

Questions

What was bioAffinity Technologies' revenue in the second quarter 2026?

bioAffinity Technologies (BIAF) reported revenue of $1.5M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +12% from the quarter before.

Was bioAffinity Technologies profitable in the second quarter 2026?

Operating loss was $3.3M (-220.8% of revenue) and net loss $3.4M.

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Source: bioAffinity Technologies 10-Q on SEC EDGAR.