Filing Flows › Precipio (PRPO) › Q2 2026
Precipio (PRPO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Precipio (PRPO) reported revenue of $7.0M for the second quarter 2026 (Q2 2026), +24% from a year earlier and +5% from the quarter before. Operating margin was -8.5%, net loss $219K (3.1% of revenue).
Precipio, Q2 2026: revenue $7.0M (+24% year over year), operating margin -8.5%, net loss $219K, operating cash flow $660K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0M | +5% | +24% |
| Operating profit | −$599K | — | — |
| Net earnings | −$219K | — | -396% |
| Operating cash flow | $660K | +931% | +87% |
| Free cash flow | $528K | 38× | +80% |
What changed
Revenue was $7.0M in Q2 2026, up 24% year over year and up 5% from the previous quarter. Service revenue, net was the largest line at 87% of revenue. Service revenue, net added $1.1M year over year (up 22%), 79% of the total change.
Gross margin was 44.7%, up 1.7 points from Q2 2025. Operating costs exceeded revenue by $599K, an operating margin of -8.5%. Operating expenses grew 15% against revenue growth of 24%. The quarter ended with a net loss of $219K, narrower than the previous quarter's $1.4M loss. Non-operating items added $380K, -174% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $660K (up 87% year over year). Non-cash charges added back $291K of depreciation and amortization and $767K of share-based compensation. Working capital and other items used $179K. Capital expenditures of $132K left free cash flow of $528K.
Questions
What was Precipio's revenue in the second quarter 2026?
Precipio (PRPO) reported revenue of $7.0M for the second quarter 2026 (Q2 2026), +24% from a year earlier and +5% from the quarter before.
Was Precipio profitable in the second quarter 2026?
Operating loss was $599K (-8.5% of revenue) and net loss $219K.
Source: Precipio 10-Q on SEC EDGAR.