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Precigen (PGEN) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

Precigen (PGEN) reported revenue of $74.1M for the third quarter 2026 (Q3 2026), up 25-fold from a year earlier and +35% from the quarter before. Operating margin was 52.1%, net earnings $35.8M (48.2% of revenue).

Revenue$74.1M
Year over year25×
Quarter over quarter+35%
Operating margin52.1%
Net earnings$35.8M

Precigen, Q3 2026: revenue $74.1M (25× year over year), operating margin 52.1%, net earnings $35.8M, operating cash flow $11.9M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$74.1M+35%25×
Operating profit$38.6M+71%—
Net earnings$35.8M+78%—
Operating cash flow$11.9M——
Free cash flow$11.4M——

What changed

Revenue was $74.1M in Q3 2026, up 2438% year over year and up 35% from the previous quarter. Product revenues, net was the largest line at 98% of revenue. Product revenues, net added $72.8M year over year (up 44936%), 102% of the total change.

Operating profit was $38.6M, a 52.1% margin (up 1232.2 points year over year). Total costs fell 5% while revenue rose 2438%. The fastest-growing cost line was Other operating costs (+529%). Net earnings were $35.8M. The effective tax rate was 0.6%.

Operating cash flow was $11.9M, 33% of net earnings. Non-cash charges added back $1.1M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $28.8M. Capital expenditures of $435K left free cash flow of $11.4M.

Questions

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

Precigen (PGEN) reported revenue of $74.1M for the third quarter 2026 (Q3 2026), up 25-fold from a year earlier and +35% from the quarter before.

Was Precigen profitable in the third quarter 2026?

Operating profit was $38.6M (52.1% of revenue) and net earnings $35.8M.

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Source: Precigen 10-Q on SEC EDGAR.