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Sera Prognostics (SERA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 6, 2026

Sera Prognostics (SERA) reported revenue of $14K for the first quarter 2026 (Q1 2026), -63% from a year earlier and +40% from the quarter before.

Revenue$14K
Year over year-63%
Quarter over quarter+40%
Operating margin—
Net earnings−$8.4M

Sera Prognostics, Q1 2026: revenue $14K (-63% year over year), net loss $8.4M, operating cash flow −$8.8M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$14K+40%-63%
Operating profit−$9.4M——
Net earnings−$8.4M——
Operating cash flow−$8.8M——

What changed

Revenue was $14K in Q1 2026, down 63% year over year and up 40% from the previous quarter.

Operating costs exceeded revenue by $9.4M, an operating margin of -66857.1%. Total costs grew 1% against a revenue fall of 63%. The fastest-growing cost line was Sales & marketing (+37%). The quarter ended with a net loss of $8.4M, wider than the previous quarter's $7.9M loss.

Operating cash flow was −$8.8M. Non-cash charges added back $193K of depreciation and amortization and $835K of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $8K exceeded it, leaving free cash flow of −$8.8M.

Questions

What was Sera Prognostics' revenue in the first quarter 2026?

Sera Prognostics (SERA) reported revenue of $14K for the first quarter 2026 (Q1 2026), -63% from a year earlier and +40% from the quarter before.

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Source: Sera Prognostics 10-Q on SEC EDGAR.