NASDAQ : PRCT
PROCEPT BioRobotics Corporation — Financial statements
Healthcare · Medical Devices · United States
Last price 19.2 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.10B
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Financial statements
PROCEPT BioRobotics Corporation (PRCT) reported revenue of 337.34M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 337.34M | 308.05M | 224.50M | 136.19M | 75.01M | 34.47M |
| Cost of Revenue | 123.59M | 111.83M | 87.40M | 65.14M | 37.93M | 18.61M |
| Gross Profit | 213.75M | 196.23M | 137.10M | 71.05M | 37.09M | 15.87M |
| Selling, General & Admin | 252.06M | 228.81M | 171.41M | 131.77M | 88.83M | 51.04M |
| Research & Development | 78.81M | 71.28M | 62.30M | 48.45M | 28.98M | 18.99M |
| Operating Expenses | 330.88M | 300.08M | 233.71M | 180.22M | 117.81M | 70.03M |
| Operating Income | -117.13M | -103.86M | -96.61M | -109.17M | -80.72M | -54.16M |
| Interest Expense | -3.47M | -3.59M | -4.18M | -4.00M | -5.18M | -5.81M |
| Interest & Investment Income | 8.26M | 12.22M | 10.89M | 7.55M | 2.50M | 76.00K |
| Other Non Operating Income (Expenses) | -156.00K | -156.00K | -1.14M | -203.00K | -486.00K | 45.00K |
| EBT Excluding Unusual Items | -112.50M | -95.38M | -91.05M | -105.82M | -83.90M | -59.85M |
| Other Unusual Items | 2.90M | -3.26M | ||||
| Pretax Income | -109.60M | -95.38M | -91.05M | -105.82M | -87.15M | -59.85M |
| Income Tax Expense | 152.00K | 190.00K | 368.00K | 80.00K | ||
| Net Income | -109.75M | -95.57M | -91.41M | -105.90M | -87.15M | -59.85M |
| Net Income to Common | -109.75M | -95.57M | -91.41M | -105.90M | -87.15M | -59.85M |
| Shares Outstanding (Basic) | 56.35M | 55.54M | 52.12M | 47.26M | 44.40M | 16.48M |
| Shares Outstanding (Diluted) | 56.35M | 55.54M | 52.12M | 47.26M | 44.40M | 16.48M |
| EPS (Basic) | -1.95 | -1.72 | -1.75 | -2.24 | -1.96 | -3.63 |
| EPS (Diluted) | -1.95 | -1.72 | -1.75 | -2.24 | -1.96 | -3.63 |
| Free Cash Flow | -84.92M | -58.34M | -103.62M | -133.21M | -83.03M | -57.93M |
| Free Cash Flow Per Share | -1.51 | -1.05 | -1.99 | -2.82 | -1.87 | -3.52 |
| Gross Margin | 63.36% | 63.70% | 61.07% | 52.17% | 49.44% | 46.02% |
| Operating Margin | -34.72% | -33.72% | -43.04% | -80.16% | -107.61% | -157.12% |
| Profit Margin | -32.53% | -31.02% | -40.72% | -77.76% | -116.18% | -173.62% |
| Free Cash Flow Margin | -25.17% | -18.94% | -46.16% | -97.81% | -110.69% | -168.03% |
| EBITDA | -110.08M | -97.47M | -91.38M | -105.36M | -77.88M | -50.84M |
| EBITDA Margin | -32.63% | -31.64% | -40.70% | -77.36% | -103.82% | -147.48% |
| D&A For EBITDA | 7.05M | 6.39M | 5.23M | 3.81M | 2.84M | 3.32M |
| EBIT | -117.13M | -103.86M | -96.61M | -109.17M | -80.72M | -54.16M |
| EBIT Margin | -34.72% | -33.71% | -43.04% | -80.16% | -107.61% | -157.12% |
| Advertising Expenses | 600.00K | 500.00K | 300.00K | 100.00K | 100.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 227.91M | 286.50M | 333.73M | 257.22M | 221.86M | 304.32M |
| Cash & Short-Term Investments | 227.91M | 286.50M | 333.73M | 257.22M | 221.86M | 304.32M |
| Receivables | 107.61M | 83.53M | 83.50M | 48.38M | 15.27M | 4.46M |
| Inventory | 77.06M | 70.69M | 56.17M | 39.76M | 28.54M | 13.15M |
| Prepaid Expenses | 7.21M | 9.21M | 8.10M | 5.15M | 6.17M | 4.24M |
| Restricted Cash | 777.00K | |||||
| Other Current Assets | 496.00K | 438.00K | 357.00K | 60.00K | ||
| Total Current Assets | 420.29M | 450.38M | 481.84M | 350.57M | 272.63M | 326.17M |
| Property, Plant & Equipment | 48.60M | 47.94M | 45.65M | 48.99M | 32.14M | 8.32M |
| Other Intangible Assets | 571.00K | 709.00K | 932.00K | 1.20M | 1.48M | 1.75M |
| Long-Term Deferred Charges | 1.09M | 1.27M | 840.00K | 487.00K | ||
| Other Long-Term Assets | 8.80M | 7.78M | 4.75M | 3.47M | 3.09M | 777.00K |
| Total Assets | 479.35M | 508.08M | 534.02M | 404.72M | 309.33M | 337.02M |
| Accounts Payable | 15.07M | 17.29M | 10.03M | 13.50M | 9.39M | 2.03M |
| Accrued Expenses | 20.44M | 32.40M | 28.59M | 21.52M | 19.16M | 9.56M |
| Current Portion of Long-Term Debt | 2.00M | 1.89M | ||||
| Current Portion of Leases | 2.50M | 2.21M | 1.91M | 1.68M | 2.13M | 2.10M |
| Current Unearned Revenue | 14.09M | 13.05M | 9.56M | 5.66M | 2.85M | 1.02M |
| Other Current Liabilities | 12.09M | 853.00K | 1.03M | 1.69M | 1.76M | 1.52M |
| Total Current Liabilities | 64.20M | 65.80M | 53.13M | 45.93M | 35.29M | 16.24M |
| Long-Term Debt | 51.72M | 51.62M | 51.47M | 51.34M | 52.99M | 51.50M |
| Long-Term Leases | 23.28M | 24.65M | 26.87M | 26.18M | 23.98M | 1.99M |
| Other Long-Term Liabilities | 91.00K | 147.00K | 324.00K | 517.00K | 200.00K | |
| Total Liabilities | 139.28M | 142.21M | 131.80M | 123.97M | 112.26M | 69.93M |
| Additional Paid-In Capital | 1.04B | 1.01B | 948.09M | 735.24M | 545.75M | 528.67M |
| Retained Earnings | -700.06M | -641.56M | -545.99M | -454.57M | -348.68M | -261.52M |
| Comprehensive Income & Other | 22.00K | 37.00K | 114.00K | 84.00K | -6.00K | -54.00K |
| Total Common Equity | 340.07M | 365.87M | 402.22M | 280.75M | 197.07M | 267.09M |
| Shareholders' Equity | 340.07M | 365.87M | 402.22M | 280.75M | 197.07M | 267.09M |
| Total Liabilities & Equity | 479.35M | 508.08M | 534.02M | 404.72M | 309.33M | 337.02M |
| Total Debt | 77.50M | 78.48M | 82.25M | 81.09M | 79.10M | 55.60M |
| Net Cash (Debt) | 150.41M | 208.02M | 251.47M | 176.13M | 142.76M | 248.72M |
| Net Cash Per Share | 2.67 | 3.75 | 4.82 | 3.73 | 3.22 | 15.09 |
| Filing Date Shares Outstanding | 57.27M | 56.39M | 54.82M | 50.96M | 44.87M | 43.99M |
| Total Common Shares Outstanding | 57.25M | 56.32M | 54.72M | 50.77M | 44.83M | 43.68M |
| Working Capital | 356.09M | 384.58M | 428.71M | 304.64M | 237.34M | 309.93M |
| Book Value Per Share | 5.94 | 6.50 | 7.35 | 5.53 | 4.40 | 6.12 |
| Tangible Book Value | 339.50M | 365.16M | 401.29M | 279.55M | 195.59M | 265.34M |
| Tangible Book Value Per Share | 5.93 | 6.48 | 7.33 | 5.51 | 4.36 | 6.08 |
| Machinery | 34.17M | 25.82M | 21.79M | 16.51M | 4.57M | 3.96M |
| Construction In Progress | 778.00K | 4.11M | 262.00K | 3.55M | 5.67M | |
| Leasehold Improvements | 13.22M | 13.22M | 12.49M | 12.36M | 4.94M | 4.94M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -109.75M | -95.57M | -91.41M | -105.90M | -87.15M | -59.85M |
| Depreciation & Amortization | 7.05M | 6.39M | 5.23M | 3.81M | 2.84M | 3.32M |
| Stock-Based Compensation | 52.94M | 47.60M | 31.84M | 19.13M | 10.34M | 3.80M |
| Provision & Write-off of Bad Debts | -77.00K | 219.00K | 840.00K | |||
| Other Operating Activities | 1.15M | 214.00K | 1.61M | 1.11M | 5.08M | 106.00K |
| Change in Accounts Receivable | -27.07M | -898.00K | -35.96M | -33.10M | -10.81M | -2.91M |
| Change in Inventory | -10.26M | -14.50M | -17.23M | -9.75M | -15.25M | -6.12M |
| Change in Accounts Payable | 3.83M | 6.65M | -2.15M | 5.79M | 3.96M | 812.00K |
| Change in Unearned Revenue | 4.07M | 3.31M | 3.72M | 3.32M | 1.83M | 792.00K |
| Change in Other Net Operating Assets | 3.79M | -2.40M | 4.30M | 7.59M | 8.78M | 2.73M |
| Operating Cash Flow | -74.34M | -48.98M | -99.21M | -108.00M | -80.38M | -57.33M |
| Capital Expenditures | -10.59M | -9.36M | -4.41M | -25.21M | -2.65M | -592.00K |
| Investing Cash Flow | -10.59M | -9.36M | -4.41M | -25.21M | -2.65M | -592.00K |
| Long-Term Debt Issued | 51.20M | |||||
| Long-Term Debt Repaid | -50.00M | |||||
| Net Debt Issued (Repaid) | 1.20M | |||||
| Issuance of Common Stock | 10.23M | 11.19M | 180.12M | 167.79M | 6.42M | 176.55M |
| Other Financing Activities | -4.00M | |||||
| Financing Cash Flow | 10.23M | 11.19M | 180.12M | 167.79M | 3.61M | 262.12M |
| Foreign Exchange Rate Adjustments | -113.00K | -74.00K | ||||
| Net Cash Flow | -74.80M | -47.22M | 76.50M | 34.59M | -79.42M | 204.19M |
| Free Cash Flow | -84.92M | -58.34M | -103.62M | -133.21M | -83.03M | -57.93M |
| Free Cash Flow Margin | -25.17% | -18.94% | -46.16% | -97.81% | -110.69% | -168.03% |
| Free Cash Flow Per Share | -1.51 | -1.05 | -1.99 | -2.82 | -1.87 | -3.52 |
| Levered Free Cash Flow | -48.97M | -23.92M | -78.24M | -106.37M | -53.06M | -36.81M |
| Unlevered Free Cash Flow | -46.80M | -21.67M | -75.63M | -103.88M | -49.82M | -33.18M |
| Cash Interest Paid | 3.30M | 3.46M | 3.97M | 4.06M | 4.29M | 4.75M |
| Change in Working Capital | -25.64M | -7.84M | -47.33M | -26.16M | -11.49M | -4.71M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.10B | 1.76B | 4.36B | 2.12B | 1.86B | 1.09B |
| Enterprise Value | 949.24M | 1.54B | 4.24B | 1.91B | 1.69B | 823.18M |
| Last Close Price | 19.20 | 31.46 | 80.52 | 41.91 | 41.54 | 25.01 |
| PS Ratio | 3.26 | 5.71 | 19.41 | 15.54 | 24.76 | 31.56 |
| PB Ratio | 3.23 | 4.80 | 10.83 | 7.54 | 9.43 | 4.07 |
| P/TBV Ratio | 3.24 | 4.81 | 10.86 | 7.57 | 9.50 | 4.10 |
| EV/Sales Ratio | 2.81 | 5.01 | 18.90 | 14.03 | 22.48 | 23.88 |
| Debt / Equity Ratio | 0.23 | 0.21 | 0.20 | 0.29 | 0.40 | 0.21 |
| Net Debt / Equity Ratio | -0.44 | -0.57 | -0.62 | -0.63 | -0.72 | -0.93 |
| Net Debt / EBITDA Ratio | 1.37 | 2.13 | 2.75 | 1.67 | 1.83 | 4.89 |
| Net Debt / FCF Ratio | 1.77 | 3.57 | 2.43 | 1.32 | 1.72 | 4.29 |
| Asset Turnover | 0.68 | 0.59 | 0.48 | 0.38 | 0.23 | 0.15 |
| Inventory Turnover | 1.72 | 1.76 | 1.82 | 1.91 | 1.82 | 1.80 |
| Quick Ratio | 5.23 | 5.62 | 7.85 | 6.65 | 6.72 | 19.01 |
| Current Ratio | 6.55 | 6.84 | 9.07 | 7.63 | 7.72 | 20.08 |
| Return on Equity (ROE) | -30.24% | -24.89% | -26.77% | -44.32% | -37.55% | -36.49% |
| Return on Assets (ROA) | -14.75% | -12.46% | -12.86% | -19.11% | -15.61% | -14.62% |
| Return on Capital Employed (ROCE) | -28.20% | -23.50% | -20.10% | -30.40% | -29.50% | -16.90% |
| Earnings Yield | -10.14% | -5.44% | -2.10% | -5.00% | -4.69% | -5.50% |
| FCF Yield | -7.72% | -3.32% | -2.38% | -6.29% | -4.47% | -5.33% |
| Buyback Yield / Dilution | -4.24% | -6.56% | -10.31% | -6.43% | -169.42% | -349.90% |