Filing Flows › Picard Medical (PMI) › Q1 2026 › vs Q4 2025
Picard Medical (PMI) Q1 2026 vs Q4 2025 (quarter over quarter)
Picard Medical's revenue rose $141K (+14%) from $1.0M in Q4 2025 to $1.1M in Q1 2026. The biggest changes: Rentals +$85K (+70%); Product +$56K (+6%).
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 Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Product | $943K | $887K | $56K | +6% |
| Rentals | $207K | $122K | $85K | +70% |
| Revenue | $1.1M | $1.0M | $141K | +14% |
| Net loss | $7.6M | $4.3M | $3.3M | +77% |
| Costs & expenses | $8.8M | $5.3M | $3.5M | +65% |
| Operating costs | $5.7M | $4.0M | $1.6M | +41% |
| Interest & other, net | $3.1M | $1.3M | $1.8M | +142% |
| Cost of revenue | $875K | $598K | $277K | +46% |
| Research & development | $1.9M | $547K | $1.3M | +246% |
| SG&A | $2.9M | $2.9M | $24K | +0.8% |
| Operating cash sources | $7.6M | $4.3M | $3.3M | +77% |
| Depreciation & amortization | $46K | $40K | $6K | +15% |
| Share-based compensation | $165K | $226K | −$61K | -27% |
| Working capital & other | $3.6M | −$352K | $4.0M | — |
| Cash used in operations | $3.8M | $4.4M | −$577K | -13% |
| Net loss absorbed | $7.6M | $4.3M | $3.3M | +77% |
Questions
How much did Picard Medical's revenue grow quarter over quarter in Q1 2026?
Picard Medical's revenue rose $141K (+14%) from $1.0M in Q4 2025 to $1.1M in Q1 2026.
What drove Picard Medical's revenue change in Q1 2026?
Rentals +$85K (+70%); Product +$56K (+6%).