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Sera Prognostics (SERA) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 18, 2026

Sera Prognostics (SERA) reported revenue of $10K for the fourth quarter 2025 (Q4 2025), -58% from a year earlier and -38% from the quarter before.

Revenue$10K
Year over year-58%
Quarter over quarter-38%
Operating margin—
Net earnings−$7.9M

Sera Prognostics, Q4 2025: revenue $10K (-58% year over year), net loss $7.9M, operating cash flow −$6.1M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$10K-38%-58%
Operating profit−$9.0M——
Net earnings−$7.9M——
Operating cash flow−$6.1M——

What changed

Revenue was $10K in Q4 2025, down 58% year over year and down 38% from the previous quarter.

Operating costs exceeded revenue by $9.0M, an operating margin of -89540.0%. Total costs fell 5% while revenue fell 58%. The fastest-growing cost line was Cost of revenue (+31%). The quarter ended with a net loss of $7.9M, wider than the previous quarter's $7.8M loss.

Operating cash flow was −$6.1M. Non-cash charges added back $244K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $498K. Capital expenditures of $330K exceeded it, leaving free cash flow of −$6.5M.

Questions

What was Sera Prognostics' revenue in the fourth quarter 2025?

Sera Prognostics (SERA) reported revenue of $10K for the fourth quarter 2025 (Q4 2025), -58% from a year earlier and -38% from the quarter before.

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Source: Sera Prognostics 10-K on SEC EDGAR.