Filing Flows › Cerus (CERS) › Q1 2026
Cerus (CERS) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Cerus (CERS) reported revenue of $53.7M for the first quarter 2026 (Q1 2026), +24% from a year earlier and -37% from the quarter before. Operating margin was -0.7%, net loss $1.6M (3.1% of revenue).
Cerus, Q1 2026: revenue $53.7M (+24% year over year), operating margin -0.7%, net loss $1.6M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $53.7M | -37% | +24% |
| Operating profit | −$354K | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$3.0M | — | — |
What changed
Revenue was $53.7M in Q1 2026, up 24% year over year and down 37% from the previous quarter.
Operating costs exceeded revenue by $354K, an operating margin of -0.7%. Total costs grew 10% against revenue growth of 24%. The fastest-growing cost line was Other operating costs (+60%). The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $2.2M loss. Net interest and other expense of $1.2M was the main reason.
Operating cash flow was −$3.0M. Non-cash charges added back $447K of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $6.8M. Capital expenditures of $233K exceeded it, leaving free cash flow of −$3.3M.
Questions
What was Cerus' revenue in the first quarter 2026?
Cerus (CERS) reported revenue of $53.7M for the first quarter 2026 (Q1 2026), +24% from a year earlier and -37% from the quarter before.
Was Cerus profitable in the first quarter 2026?
Operating loss was $354K (-0.7% of revenue) and net loss $1.6M.
Source: Cerus 10-Q on SEC EDGAR.