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Procept BioRobotics (PRCT) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

Procept BioRobotics (PRCT) reported revenue of $98.3M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +4% from the quarter before. Operating margin was -27.9%, net loss $26.5M (27.0% of revenue).

Revenue$98.3M
Year over year+18%
Quarter over quarter+4%
Operating margin-27.9%
Net earnings−$26.5M

Procept BioRobotics, Q3 2026: revenue $98.3M (+18% year over year), operating margin -27.9%, net loss $26.5M, operating cash flow −$9.0M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$98.3M+4%+18%
Operating profit−$27.4M——
Net earnings−$26.5M——
Operating cash flow−$9.0M——

What changed

Revenue was $98.3M in Q3 2026, up 18% year over year and up 4% from the previous quarter.

Gross margin was 66.3%, up 1.5 points from Q3 2025. Operating costs exceeded revenue by $27.4M, an operating margin of -27.9%. Operating expenses grew 20% against revenue growth of 18%. The fastest-growing cost line was SG&A (+23%). The quarter ended with a net loss of $26.5M, narrower than the previous quarter's $26.9M loss.

Operating cash flow was −$9.0M. Non-cash charges added back $2.5M of depreciation and amortization and $15.1M of share-based compensation. Capital expenditures of $667K exceeded it, leaving free cash flow of −$9.7M.

Questions

What was Procept BioRobotics' revenue in the third quarter 2026?

Procept BioRobotics (PRCT) reported revenue of $98.3M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +4% from the quarter before.

Was Procept BioRobotics profitable in the third quarter 2026?

Operating loss was $27.4M (-27.9% of revenue) and net loss $26.5M.

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Source: Procept BioRobotics 10-Q on SEC EDGAR.