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How Picard Medical (PMI) makes money

Picard Medical (PMI) made $3.0M of revenue in the second quarter 2026 (Q2 2026), +39% from a year earlier. Product brought in $2.9M (99%); Rentals brought in $19K (1%).

Drawing the Sankey…

Picard Medical revenue by segment, Q2 2026Picard Medical revenue by segment, Q2 2026Product$2.9MRentals$19K
Picard Medical: revenue by line, Q3 2025 to Q2 2026Picard Medical: revenue by line, Q3 2025 to Q2 2026ProductRentalsProduct: $2.9M latest$2.9MRentals: $19K latestQ3 2025Q4 2025Q1 2026Q2 2026
Product went from 94% of revenue in Q3 2025 to 99% in Q2 2026, the largest shift in the mix.
Picard Medical revenue by quarterPicard Medical revenue by quarter$2.1MQ2 2025$1.2MQ3 2025$1.0MQ4 2025$1.1MQ1 2026$3.0MQ2 2026
Picard Medical: where each dollar of revenue goesPicard Medical: where each dollar of revenue goesIncome tax0¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Product$2.9M99.4%+211%+38%
Rentals$19K0.6%-91%—

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$3.0M100.0%
Income tax$7K0.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$3.0M+39%
Q1 2026$1.1M+86%
Q4 2025$1.0M+21%
Q3 2025$1.2M+35%
Q2 2025$2.1M+207%

From Picard Medical's 10-Q filed Aug 19, 2026 (on EDGAR).

Questions

How does Picard Medical make money?

Picard Medical (PMI) made $3.0M of revenue in the second quarter 2026 (Q2 2026), +39% from a year earlier. Product brought in $2.9M (99%); Rentals brought in $19K (1%).

What is Picard Medical's biggest business?

Product: $2.9M in the second quarter 2026, 99% of revenue, +38% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.