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Seer (SEER) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 2, 2026

Seer (SEER) reported revenue of $4.2M for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +2% from the quarter before. Operating margin was -413.8%, net loss $16.0M (380.7% of revenue).

Revenue$4.2M
Year over year+5%
Quarter over quarter+2%
Operating margin-413.8%
Net earnings−$16.0M

Seer, Q4 2025: revenue $4.2M (+5% year over year), operating margin -413.8%, net loss $16.0M, operating cash flow −$10.8M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$4.2M+2%+5%
Operating profit−$17.4M——
Net earnings−$16.0M——
Operating cash flow−$10.8M——

What changed

Revenue was $4.2M in Q4 2025, up 5% year over year and up 2% from the previous quarter.

Gross margin was 52.0%, up 1.3 points from Q4 2024. Operating costs exceeded revenue by $17.4M, an operating margin of -413.8%. Operating expenses fell 23% while revenue rose 5%. The quarter ended with a net loss of $16.0M, narrower than the previous quarter's $18.2M loss.

Operating cash flow was −$10.8M. Non-cash charges added back $1.2M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $738K. Capital expenditures of $292K exceeded it, leaving free cash flow of −$11.1M.

Questions

What was Seer's revenue in the fourth quarter 2025?

Seer (SEER) reported revenue of $4.2M for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +2% from the quarter before.

Was Seer profitable in the fourth quarter 2025?

Operating loss was $17.4M (-413.8% of revenue) and net loss $16.0M.

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Source: Seer 10-K on SEC EDGAR.