NASDAQ$PRPO

Precipio Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Precipio Inc reported a 36% increase in net sales to $6.7 million for Q1 2026 driven by higher diagnostic testing volumes.

Precipio Inc achieved net sales of $6.7 million in Q1 2026, up from $4.9 million in the prior year, primarily due to a 63% rise in cases processed. The company posted a net loss of $1.4 million and an operating loss of $1.4 million, with gross margin declining slightly to 41%. Cash position remained stable at $2.6 million amid ongoing focus on cancer diagnostics and product development.

  • Net sales rose 36% year-over-year to $6.7 million on increased diagnostic testing volumes.
  • Gross profit increased to $2.7 million while gross margin was 41%.
  • Net loss widened to $1.4 million with operating expenses up due to higher personnel and stock-based compensation costs.
  • Company maintains single reportable segment with continued emphasis on integrated lab services and proprietary assay kits.

Headline financials

Total Revenue

$6.71M

Previous: $4.93M+36.2%
EPS (adj)

-$0.81

Previous: -$0.59-37.3%
Depreciation and amortization

$281K

No prior period
Interest expense, net

$15K

No prior period
Income tax expense

$0.00

No prior period
Stock-based compensation

$993K

No prior period
Capital Expenditures

-$50K

Previous: -$138K+63.8%
Free Cash Flow

$14K

Previous: -$1.02M+101.4%
Net Income

-$1.44M

Previous: -$884K-63.2%
Operating Income

-$1.43M

Previous: -$859K-66.2%
Gross Profit

$2.73M

Previous: $2.14M+27.3%
Cash & Equivalents

$2.6M

Previous: $1.02M+156.0%
Total Assets

$20.8M

Previous: $17.8M+17.0%

Revenue & EPS history

Precipio · Revenue · Quarterly

$6.71M

Q1 2026+36.2%vs Q1 2025
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Revenue by segment

Precipio · $6.96M total across 2 segments · Q1 2026

  • Service revenue
    $6.3M
  • Product revenue
    $659K

Forward guidance

No explicit quantitative guidance provided; management highlighted ongoing revenue growth and need for additional financing to address going concern.

Tailwinds

  • Strong volume growth in diagnostic testing cases.
  • Continued development of proprietary assay kits.

Headwinds

  • Accumulated deficit of $104.2 million.
  • Substantial doubt about ability to continue as going concern.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-2.2%

Avg return

Earnings day

-1.6%

Avg return

5 days after

-10.0%

Avg return

30 days after

49%

17 / 35 earnings

Positive

+13.3%

Q1 2021

Best reaction

-55.0%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%-14.0%
Q3 2025+0.0%+32.5%+24.5%
Q2 2025+2.9%+0.1%+36.5%
Q1 2025+3.1%+29.5%+56.5%
Q4 2024-9.9%-15.9%+1.3%
Q3 2024+1.9%-3.2%-6.7%
Q2 2024+0.8%+3.4%+22.5%
Q1 2024-0.6%+0.2%-7.8%
Q4 2023+2.1%-5.7%-10.1%
Q3 2023-5.0%-13.2%-27.1%
Q2 2023-3.5%+0.8%-8.4%
Q1 2023-1.7%+0.7%-21.5%
Q4 2022+3.7%+6.9%-4.7%
Q3 2022+8.6%+5.7%-11.2%
Q2 2022+2.6%-11.8%-33.6%
Q1 2022-10.5%-7.0%+2.6%
Q4 2021+0.0%+24.4%-20.7%
Q3 2021-10.8%-15.5%-21.6%
Q2 2021-2.9%-9.8%-1.0%
Q1 2021+13.3%+19.6%+10.7%
Q4 2020+3.9%+1.3%-95.8%
Q3 2020+2.8%-0.9%+6.0%
Q2 2020+3.3%-16.3%-31.3%
Q1 2020+0.1%+6.1%+45.7%
Q4 2019-9.6%-12.9%-24.4%
Q3 2019-5.1%-8.9%-22.6%
Q2 2019+5.8%-5.4%-8.8%
Q1 2019-10.4%-14.9%-42.8%
Q4 2018+3.2%+19.6%+12.3%
Q3 2018+2.1%-5.0%-39.7%
Q2 2018-2.0%+1.9%-10.9%
Q1 2018+8.1%+19.2%-4.9%
Q4 2017-8.2%-7.1%-22.4%
Q3 2017-9.5%-5.8%-16.1%
Q2 2017-55.0%-55.2%-65.2%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
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Q2 2015
Q1 2015
Q4 2014
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Q1 2014
Q4 2013
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Q1 2013
Q4 2012
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Q1 2012
Q4 2011
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Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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