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Filing Flows › Picard Medical (PMI) › Q2 2026 › vs Q2 2025

Picard Medical (PMI) Q2 2026 vs Q2 2025 (year over year)

Picard Medical's revenue rose $823K (+39%) from $2.1M in Q2 2025 to $3.0M in Q2 2026. The biggest changes: Product +$804K (+38%); Rentals +$19K (—).

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 Q2 2025, the increases inside each band.

Picard Medical: what changed, Q2 2026 vs Q2 2025Picard Medical: what changed, Q2 2026 vs Q2 2025Interest & other, net−$2.2MOperating costs$1.9MSG&A$1.2MShare-based compensation$1.2MCash used in operations−$1.2MWorking capital & other−$1.1MNet loss−$1.1MOperating cash sources−$1.1MNet loss absorbed−$1.1MProduct$804K

Every line

LineQ2 2026Q2 2025Change%
Product$2.9M$2.1M$804K+38%
Rentals$19K$0$19K—
Revenue$3.0M$2.1M$823K+39%
Net loss$5.7M$6.7M−$1.1M-16%
Costs & expenses$8.6M$8.9M−$241K-3%
Operating costs$7.6M$5.7M$1.9M+34%
Interest & other, net$1.0M$3.2M−$2.2M-68%
Income tax$7K$0$7K—
Cost of revenue$2.3M$2.3M$80K+4%
Research & development$1.4M$743K$631K+85%
SG&A$3.9M$2.7M$1.2M+46%
Operating cash sources$5.7M$6.7M−$1.1M-16%
Depreciation & amortization$45K$40K$5K+12%
Share-based compensation$1.4M$183K$1.2M+654%
Working capital & other$2.9M$4.0M−$1.1M-27%
Cash used in operations$1.4M$2.5M−$1.2M-47%
Net loss absorbed$5.7M$6.7M−$1.1M-16%

Questions

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

Picard Medical's revenue rose $823K (+39%) from $2.1M in Q2 2025 to $3.0M in Q2 2026.

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

Product +$804K (+38%); Rentals +$19K (—).

Q2 2026 results → · Compare in the interactive Sankey →