Filing Flows › Strata Critical Medical (SRTA) › Q2 2026
Strata Critical Medical (SRTA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Strata Critical Medical (SRTA) reported revenue of $72.5M for the second quarter 2026 (Q2 2026), +61% from a year earlier and +8% from the quarter before. Operating margin was -7.5%, net loss $10.5M (14.5% of revenue).
Strata Critical Medical, Q2 2026: revenue $72.5M (+61% year over year), operating margin -7.5%, net loss $10.5M, operating cash flow $5.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.5M | +8% | +61% |
| Operating profit | −$5.4M | — | — |
| Net earnings | −$10.5M | -588% | — |
| Operating cash flow | $5.7M | +46% | — |
| Free cash flow | $2.9M | — | — |
What changed
Revenue was $72.5M in Q2 2026, up 61% year over year and up 8% from the previous quarter. Logistics was the largest line at 67% of revenue. Logistics added $3.1M year over year (up 7%), 11% of the total change.
Gross margin was 21.0%, up 1.0 points from Q2 2025. Operating costs exceeded revenue by $5.4M, an operating margin of -7.5%. Operating expenses grew 51% against revenue growth of 61%. The fastest-growing cost line was Other operating costs (+1762%). The quarter ended with a net loss of $10.5M, after a profit of $2.2M the previous quarter.
Operating cash flow was $5.7M. Non-cash charges added back $8.5M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $4.0M. After purchase of property and equipment, net of proceeds from disposal ($2.5M) and capitalized software development costs ($314K), free cash flow as the company reports it was $2.9M.
Questions
What was Strata Critical Medical's revenue in the second quarter 2026?
Strata Critical Medical (SRTA) reported revenue of $72.5M for the second quarter 2026 (Q2 2026), +61% from a year earlier and +8% from the quarter before.
Was Strata Critical Medical profitable in the second quarter 2026?
Operating loss was $5.4M (-7.5% of revenue) and net loss $10.5M.