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Seer (SEER) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Seer (SEER) reported revenue of $3.1M for the second quarter 2026 (Q2 2026), -23% from a year earlier and +11% from the quarter before. Operating margin was -542.9%, net loss $16.9M (544.8% of revenue).

Revenue$3.1M
Year over year-23%
Quarter over quarter+11%
Operating margin-542.9%
Net earnings−$16.9M

Seer, Q2 2026: revenue $3.1M (-23% year over year), operating margin -542.9%, net loss $16.9M, operating cash flow −$9.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$3.1M+11%-23%
Operating profit−$16.8M——
Net earnings−$16.9M——
Operating cash flow−$9.6M——

What changed

Revenue was $3.1M in Q2 2026, down 23% year over year and up 11% from the previous quarter.

Gross margin was 48.5%, down 3.6 points from Q2 2025. Operating costs exceeded revenue by $16.8M, an operating margin of -542.9%. Operating expenses fell 19% while revenue fell 23%. The quarter ended with a net loss of $16.9M, wider than the previous quarter's $16.8M loss.

Operating cash flow was −$9.6M. Non-cash charges added back $1.1M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $4.6M. Capital expenditures of $9K exceeded it, leaving free cash flow of −$9.6M.

Questions

What was Seer's revenue in the second quarter 2026?

Seer (SEER) reported revenue of $3.1M for the second quarter 2026 (Q2 2026), -23% from a year earlier and +11% from the quarter before.

Was Seer profitable in the second quarter 2026?

Operating loss was $16.8M (-542.9% of revenue) and net loss $16.9M.

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Source: Seer 10-Q on SEC EDGAR.