Filing Flows › Seer (SEER) › Q1 2026 › vs Q4 2025
Seer (SEER) Q1 2026 vs Q4 2025 (quarter over quarter)
Seer's revenue fell $1.4M (-34%) from $4.2M in Q4 2025 to $2.8M in Q1 2026.
Seer, Q1 2026: revenue $2.8M (-34% year over year), operating margin -617.8%, net loss $16.8M, operating cash flow −$15.4M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.8M | $4.2M | −$1.4M | -34% |
| Other income, net | $429K | $1.4M | −$990K | -70% |
| Net loss | $16.8M | $16.0M | $843K | +5% |
| Costs & expenses | $20.1M | $21.6M | −$1.6M | -7% |
| Operating costs | $20.0M | $21.6M | −$1.5M | -7% |
| Income tax | $10K | $28K | −$18K | -64% |
| Cost of revenue | $1.8M | $2.0M | −$207K | -10% |
| Research & development | $8.8M | $9.7M | −$936K | -10% |
| SG&A | $9.4M | $9.8M | −$394K | -4% |
| Operating cash sources | $18.7M | $15.3M | $3.5M | +23% |
| Depreciation & amortization | $1.2M | $1.2M | −$5K | -0.4% |
| Share-based compensation | $2.1M | $3.3M | −$1.2M | -35% |
| Cash used in operations | $15.4M | $10.8M | $4.6M | +43% |
| Net loss absorbed | $16.8M | $16.0M | $843K | +5% |
| Working capital & other | $1.9M | −$738K | $2.6M | — |
Questions
How much did Seer's revenue grow quarter over quarter in Q1 2026?
Seer's revenue fell $1.4M (-34%) from $4.2M in Q4 2025 to $2.8M in Q1 2026.