Filing Flows › Picard Medical (PMI) › Q1 2026 › vs Q1 2025
Picard Medical (PMI) Q1 2026 vs Q1 2025 (year over year)
Picard Medical's revenue rose $530K (+85%) from $620K in Q1 2025 to $1.1M in Q1 2026. The biggest changes: Product +$330K (+54%); Rentals +$200K (30×).
Picard Medical, Q1 2026: revenue $1.1M (+86% year over year), operating margin -392.3%, net loss $7.6M, operating cash flow −$3.8M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Product | $943K | $613K | $330K | +54% |
| Rentals | $207K | $7K | $200K | 30× |
| Revenue | $1.1M | $620K | $530K | +85% |
| Net loss | $7.6M | $5.6M | $2.1M | +37% |
| Costs & expenses | $8.8M | $6.2M | $2.6M | +42% |
| Operating costs | $5.7M | $3.9M | $1.8M | +46% |
| Interest & other, net | $3.1M | $2.3M | $821K | +36% |
| Cost of revenue | $875K | $978K | −$103K | -11% |
| Research & development | $1.9M | $808K | $1.1M | +135% |
| SG&A | $2.9M | $2.1M | $811K | +39% |
| Operating cash sources | $7.6M | $5.6M | $2.1M | +37% |
| Depreciation & amortization | $46K | $42K | $4K | +10% |
| Share-based compensation | $165K | $141K | $24K | +17% |
| Working capital & other | $3.6M | $3.1M | $468K | +15% |
| Cash used in operations | $3.8M | $2.2M | $1.6M | +70% |
| Net loss absorbed | $7.6M | $5.6M | $2.1M | +37% |
Questions
How much did Picard Medical's revenue grow year over year in Q1 2026?
Picard Medical's revenue rose $530K (+85%) from $620K in Q1 2025 to $1.1M in Q1 2026.
What drove Picard Medical's revenue change in Q1 2026?
Product +$330K (+54%); Rentals +$200K (30×).