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How iSpecimen (ISPC) makes money

iSpecimen (ISPC) made $152K of revenue in the second quarter 2026 (Q2 2026), -79% from a year earlier. Product brought in $125K (83%); Shipping and Handling brought in $27K (17%).

Drawing the Sankey…

iSpecimen revenue by segment, Q2 2026iSpecimen revenue by segment, Q2 2026Product$125KShipping and Handling$27K
iSpecimen: revenue by line, Q4 2024 to Q2 2026iSpecimen: revenue by line, Q4 2024 to Q2 2026ProductShipping and HandlingProduct: $125K latest$125KShipping and Handling: $27K latestQ4 2024Q1 2025Q2 2025Q3 2025Q1 2026Q2 2026
Shipping and Handling went from 8% of revenue in Q4 2024 to 17% in Q2 2026, the largest shift in the mix.
iSpecimen revenue by quarteriSpecimen revenue by quarter$1.5MQ4 2024$1.1MQ1 2025$713KQ2 2025$107KQ3 2025$52KQ4 2025$156KQ1 2026$152KQ2 2026

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Product$125K82.6%-7%-81%
Shipping and Handling$27K17.4%+23%-36%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$152K100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$152K-79%
Q1 2026$156K-85%
Q4 2025$52K-96%
Q3 2025$107K-96%
Q2 2025$713K-75%
Q1 2025$1.1M-54%
Q4 2024$1.5M-43%

From iSpecimen's 10-Q filed Aug 14, 2026 (on EDGAR).

Questions

How does iSpecimen make money?

iSpecimen (ISPC) made $152K of revenue in the second quarter 2026 (Q2 2026), -79% from a year earlier. Product brought in $125K (83%); Shipping and Handling brought in $27K (17%).

What is iSpecimen's biggest business?

Product: $125K in the second quarter 2026, 83% of revenue, -81% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.