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Stock impact report

Picard Medical Reports Full Year 2025 Financial Results

Picard Medical, Inc. (PMI) 
Company Research Source: GlobeNewswire
TUCSON, Ariz., March 25, 2026 (GLOBE NEWSWIRE) -- Picard Medical, Inc. (NYSE American: PMI) (the “Company”), parent company of SynCardia Systems LLC, maker of the world’s first total artificial heart approved by both the U.S. FDA and Health Canada, today reported financial results for the year ended December 31, 2025. The year reflected a transformational period for the Company highlighted by revenue growth, improved operating performance, and a strengthened balance sheet following the successful completion of the Company public listing and related capital raises. Key Financial Highlights Revenue of $4.9 million, an increase of 12.5 percent compared to 2024Product revenue of $4.7 million representing 96 percent of total revenueGross margin was (4.1 percent) compared to (2.6 percent) in 2024Operating loss was $(13.3) million compared to $(13.7) million in 2024Net loss was $(27.0) million compared to $(21.1) million in 2024Cash, cash equivalents and restricted cash of $11.5 million Show less Read more
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