Filing Flows › EBR Systems (EBRCZ) › Q3 2026
EBR Systems (EBRCZ) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
EBR Systems (EBRCZ) reported revenue of $2.5M for the third quarter 2026 (Q3 2026), +386% from a year earlier and -6% from the quarter before. Operating margin was -653.3%, net loss $16.6M (669.2% of revenue).
EBR Systems, Q3 2026: revenue $2.5M (+386% year over year), operating margin -653.3%, net loss $16.6M, operating cash flow −$17.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5M | -6% | +386% |
| Operating profit | −$16.2M | — | — |
| Net earnings | −$16.6M | — | — |
| Operating cash flow | −$17.3M | — | — |
What changed
Revenue was $2.5M in Q3 2026, up 386% year over year and down 6% from the previous quarter. WiSE CRT System was the largest line at 99% of revenue. WiSE CRT System added $2.0M year over year (up 411%), 100% of the total change.
Gross margin was 10.0%, down 33.7 points from Q3 2025. Operating costs exceeded revenue by $16.2M, an operating margin of -653.3%. Operating expenses grew 36% against revenue growth of 386%. The fastest-growing cost line was General & admin (+67%). The quarter ended with a net loss of $16.6M, narrower than the previous quarter's $17.5M loss.
Operating cash flow was −$17.3M. Non-cash charges added back $192K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $1.8M. Capital expenditures of $87K exceeded it, leaving free cash flow of −$17.3M.
Questions
What was EBR Systems' revenue in the third quarter 2026?
EBR Systems (EBRCZ) reported revenue of $2.5M for the third quarter 2026 (Q3 2026), +386% from a year earlier and -6% from the quarter before.
Was EBR Systems profitable in the third quarter 2026?
Operating loss was $16.2M (-653.3% of revenue) and net loss $16.6M.
Source: EBR Systems 10-Q on SEC EDGAR.