Filing Flows › Ceribell (CBLL) › Q1 2026
Ceribell (CBLL) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Ceribell (CBLL) reported revenue of $26.5M for the first quarter 2026 (Q1 2026), +29% from a year earlier and +7% from the quarter before. Operating margin was -78.3%, net loss $19.7M (74.5% of revenue).
Ceribell, Q1 2026: revenue $26.5M (+29% year over year), operating margin -78.3%, net loss $19.7M, operating cash flow −$19.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26.5M | +7% | +29% |
| Operating profit | −$20.7M | — | — |
| Net earnings | −$19.7M | — | — |
| Operating cash flow | −$19.3M | — | — |
What changed
Revenue was $26.5M in Q1 2026, up 29% year over year and up 7% from the previous quarter. Product was the largest line at 76% of revenue. Product added $4.6M year over year (up 29%), 76% of the total change.
Gross margin was 87.3%, down 0.6 points from Q1 2025. Operating costs exceeded revenue by $20.7M, an operating margin of -78.3%. Operating expenses grew 36% against revenue growth of 29%. The fastest-growing cost line was General & admin (+54%). The quarter ended with a net loss of $19.7M, wider than the previous quarter's $13.5M loss.
Operating cash flow was −$19.3M. Non-cash charges added back $239K of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items used $3.5M. Capital expenditures of $125K exceeded it, leaving free cash flow of −$19.4M.
Questions
What was Ceribell's revenue in the first quarter 2026?
Ceribell (CBLL) reported revenue of $26.5M for the first quarter 2026 (Q1 2026), +29% from a year earlier and +7% from the quarter before.
Was Ceribell profitable in the first quarter 2026?
Operating loss was $20.7M (-78.3% of revenue) and net loss $19.7M.
Source: Ceribell 10-Q on SEC EDGAR.