Filing Flows › Stereotaxis (STXS) › Q1 2026
Stereotaxis (STXS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
Stereotaxis (STXS) reported revenue of $6.3M for the first quarter 2026 (Q1 2026), -16% from a year earlier and -27% from the quarter before. Operating margin was -95.1%, net loss $5.9M (93.2% of revenue).
Stereotaxis, Q1 2026: revenue $6.3M (-16% year over year), operating margin -95.1%, net loss $5.9M, operating cash flow −$3.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.3M | -27% | -16% |
| Operating profit | −$6.0M | — | — |
| Net earnings | −$5.9M | — | — |
| Operating cash flow | −$3.4M | — | — |
What changed
Revenue was $6.3M in Q1 2026, down 16% year over year and down 27% from the previous quarter. Disposables Service and Accessories was the largest line at 79% of revenue. Systems lost $645K year over year (down 33%), 55% of the total change.
Gross margin was 60.3%, up 5.9 points from Q1 2025. Operating costs exceeded revenue by $6.0M, an operating margin of -95.1%. Operating expenses fell 2% while revenue fell 16%. The quarter ended with a net loss of $5.9M, wider than the previous quarter's $5.5M loss.
Operating cash flow was −$3.4M. Non-cash charges added back $395K of depreciation and amortization and $2.1M of share-based compensation. Capital expenditures of $79K exceeded it, leaving free cash flow of −$3.5M.
Questions
What was Stereotaxis' revenue in the first quarter 2026?
Stereotaxis (STXS) reported revenue of $6.3M for the first quarter 2026 (Q1 2026), -16% from a year earlier and -27% from the quarter before.
Was Stereotaxis profitable in the first quarter 2026?
Operating loss was $6.0M (-95.1% of revenue) and net loss $5.9M.
Source: Stereotaxis 10-Q on SEC EDGAR.