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Senseonics Holdings (SENS) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Senseonics Holdings (SENS) reported revenue of $11.7M for the first quarter 2026 (Q1 2026), +87% from a year earlier and -18% from the quarter before. Operating margin was -271.9%, net loss $32.3M (276.1% of revenue).

Revenue$11.7M
Year over year+87%
Quarter over quarter-18%
Operating margin-271.9%
Net earnings−$32.3M

Senseonics Holdings, Q1 2026: revenue $11.7M (+87% year over year), operating margin -271.9%, net loss $32.3M, operating cash flow −$32.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$11.7M-18%+87%
Operating profit−$31.8M——
Net earnings−$32.3M——
Operating cash flow−$32.0M——

What changed

Revenue was $11.7M in Q1 2026, up 87% year over year and down 18% from the previous quarter.

Gross margin was 59.3%, up 35.2 points from Q1 2025. Operating costs exceeded revenue by $31.8M, an operating margin of -271.9%. Operating expenses grew 159% against revenue growth of 87%. The fastest-growing cost line was SG&A (+292%). The quarter ended with a net loss of $32.3M, wider than the previous quarter's $20.8M loss.

Operating cash flow was −$32.0M. Non-cash charges added back $545K of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $2.5M. Capital expenditures of $111K exceeded it, leaving free cash flow of −$32.1M.

Questions

What was Senseonics Holdings' revenue in the first quarter 2026?

Senseonics Holdings (SENS) reported revenue of $11.7M for the first quarter 2026 (Q1 2026), +87% from a year earlier and -18% from the quarter before.

Was Senseonics Holdings profitable in the first quarter 2026?

Operating loss was $31.8M (-271.9% of revenue) and net loss $32.3M.

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Source: Senseonics Holdings 10-Q on SEC EDGAR.