Mar. 2 at 9:48 PM
$QTRX
🚨 🚨 🚨
Revenue of
$43.9 million, an increase of 25% compared to
$35.2 million in the prior year.
GAAP gross margin of 45.7%, as compared to 63.0% in the prior year. Adjusted gross margin (non-GAAP) of 50.0% as compared to 57.7% in the prior year.
Adjusted EBITDA (non-GAAP) loss of
$7.9 million, compared to a loss of
$5.9 million in the prior year.
The Company ended the fourth quarter with
$121.6 million of cash, cash equivalents, marketable securities, and restricted cash.
Adjusted cash usage, after accounting for one-time deal and restructuring costs, was
$3.0 million in the fourth quarter.
Quanterix is issuing its initial guidance for 2026. The Company expects revenues of
$169 to
$174 million, GAAP gross margin of 45-49%, and adjusted gross margin (non-GAAP) of 49% to 53%.
Quanterix expects to achieve cash flow breakeven performance in the second half of 2026. The Company expects to exit the year with approximately
$100 million in cash and no debt.
