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Filing Flows › Picard Medical (PMI) › Q2 2026 › vs Q1 2026

Picard Medical (PMI) Q2 2026 vs Q1 2026 (quarter over quarter)

Picard Medical's revenue rose $1.8M (+157%) from $1.1M in Q1 2026 to $3.0M in Q2 2026. The biggest changes: Product +$2.0M (+211%); Rentals −$188K (-91%).

Picard Medical, Q2 2026: revenue $3.0M (+39% year over year), operating margin -156.7%, net loss $5.7M, operating cash flow −$1.4M. The chart draws each line against Q1 2026, the increases inside each band.

Picard Medical: what changed, Q2 2026 vs Q1 2026Picard Medical: what changed, Q2 2026 vs Q1 2026Cash used in operations−$2.4MInterest & other, net−$2.1MProduct$2.0MNet loss−$2.0MOperating cash sources−$2.0MNet loss absorbed−$2.0MOperating costs$1.9MCost of revenue$1.5MShare-based compensation$1.2MSG&A$980K

Every line

LineQ2 2026Q1 2026Change%
Product$2.9M$943K$2.0M+211%
Rentals$19K$207K−$188K-91%
Revenue$3.0M$1.1M$1.8M+157%
Net loss$5.7M$7.6M−$2.0M-26%
Costs & expenses$8.6M$8.8M−$152K-2%
Operating costs$7.6M$5.7M$1.9M+34%
Interest & other, net$1.0M$3.1M−$2.1M-67%
Income tax$7K$0$7K—
Cost of revenue$2.3M$875K$1.5M+167%
Research & development$1.4M$1.9M−$521K-27%
SG&A$3.9M$2.9M$980K+34%
Operating cash sources$5.7M$7.6M−$2.0M-26%
Depreciation & amortization$45K$46K−$1K-2%
Share-based compensation$1.4M$165K$1.2M+736%
Working capital & other$2.9M$3.6M−$722K-20%
Cash used in operations$1.4M$3.8M−$2.4M-64%
Net loss absorbed$5.7M$7.6M−$2.0M-26%

Questions

How much did Picard Medical's revenue grow quarter over quarter in Q2 2026?

Picard Medical's revenue rose $1.8M (+157%) from $1.1M in Q1 2026 to $3.0M in Q2 2026.

What drove Picard Medical's revenue change in Q2 2026?

Product +$2.0M (+211%); Rentals −$188K (-91%).

Q2 2026 results → · Compare in the interactive Sankey →