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Precigen (PGEN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Precigen (PGEN) reported revenue of $55.0M for the second quarter 2026 (Q2 2026), up 64-fold from a year earlier and +136% from the quarter before. Operating margin was 41.2%, net earnings $20.1M (36.5% of revenue).

Revenue$55.0M
Year over year64×
Quarter over quarter+136%
Operating margin41.2%
Net earnings$20.1M

Precigen, Q2 2026: revenue $55.0M (64× year over year), operating margin 41.2%, net earnings $20.1M, operating cash flow −$17.8M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$55.0M+136%64×
Operating profit$22.6M——
Net earnings$20.1M——
Operating cash flow−$17.8M——

What changed

Revenue was $55.0M in Q2 2026, up 6323% year over year and up 136% from the previous quarter. Product revenues, net was the largest line at 97% of revenue. Product revenues, net added $53.2M year over year (up 129807%), 98% of the total change.

Operating profit was $22.6M, a 41.2% margin (up 3751.9 points year over year). Total costs fell 1% while revenue rose 6323%. The fastest-growing cost line was SG&A (+38%). Net earnings were $20.1M. The effective tax rate was 0.0%.

Operating cash flow was −$17.8M. Non-cash charges added back $1.1M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $42.6M. Capital expenditures of $392K exceeded it, leaving free cash flow of −$18.2M.

Questions

What was Precigen's revenue in the second quarter 2026?

Precigen (PGEN) reported revenue of $55.0M for the second quarter 2026 (Q2 2026), up 64-fold from a year earlier and +136% from the quarter before.

Was Precigen profitable in the second quarter 2026?

Operating profit was $22.6M (41.2% of revenue) and net earnings $20.1M.

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Source: Precigen 10-Q on SEC EDGAR.