Specialty cancer diagnostics company Precipio, Inc. (NASDAQ:
$PRPO ) reported record quarterly revenue of
$7.3M for the third quarter ended September 30, 2026, up 8% year-over-year from
$6.8M in Q3-2025. Precipio also reported positive Adjusted EBITDA, a non-GAAP measure, and strong operating cash flow, with additional results in its Form 10-Q filed on November 10, 2026.
Precipio, Inc. is a B2i Digital Featured Company. See the company's in-depth profile at: https://b2idigital.com/precipio-inc
Both revenue lines grew year-over-year, Adjusted EBITDA stayed positive, and the quarter closed with a larger cash balance than a year earlier:
• Product revenue was
$1.0M, up 40% year-over-year from
$0.7M in Q3-2025
• Pathology revenue was
$6.3M, up 5% year-over-year from
$6.0M in Q3-2025
• Adjusted EBITDA, a non-GAAP measure, was a positive
$0.4M
• Cash flow from operations was
$0.6M, and total cash increased by
$0.5M, resulting in an end-of-quarter cash balance exceeding
$3.5M, vs
$2.3M in Q3-2025
Ilan Danieli, Chief Executive Officer of Precipio, commented on the company's third-quarter performance in the announcement. “In the third quarter we continued to strengthen our financial position, delivering record revenue while maintaining positive Adjusted EBITDA and generating cash from operations,” said Danieli.
Read the full release: https://www.precipiodx.com/precipio-announces-q3-2026-financial-results/
Precipio is a healthcare biotechnology company focused on cancer diagnostics. Its mission is to address the pervasive problem of cancer misdiagnoses by developing solutions in the form of diagnostic products and services that deliver higher accuracy, improved laboratory workflow, and ultimately better patient outcomes, which reduce healthcare expenses. Precipio develops innovative technologies in its laboratory where it designs, tests, validates, and uses these products clinically, improving diagnostic outcomes. Precipio then commercializes these technologies as proprietary products that serve the global laboratory community and further scale Precipio’s reach to eradicate misdiagnosis. More information is available at https://www.precipiodx.com.
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