PR

PROCEPT BioRobotics Corporation Common Stock Earnings Recaps

PRCT Health Care 3 recaps
Next earnings: November 3, 2026 (estimated) · full calendar
Q2 2026 Aug 7, 2026

Shares rose 5.2% post-earnings, reflecting market approval of stronger-than-expected system demand, notably robust HYDROS placements, and disciplined pricing that drove higher average selling prices.

Key takeaways
  • Total revenue reached $94.5 million, up 19% year-over-year.
  • Procedure volume grew 21% to over 13,100 U.S. procedures; however, growth was softer than anticipated, driven by weaker legacy AQUABEAM account performance.
  • HYDROS system placements were strong with 65 units placed, including 50 new installs and 14 replacements, underscoring successful rollout efforts.
  • HYDROS average selling price increased to approximately $495,000, up from $485,000 in Q1 and $435,000 in full-year 2025.
  • Strategic commercial initiatives such as salesforce realignment, replacement upgrades, and patient activation pilots are underway to support sustainable growth.
Q1 2026 Apr 30, 2026

Shares climbed 4.4% following PROCEPT BioRobotics’ Q1 2026 results, as investors responded positively to accelerated margin recovery, record system pricing, and confirmation of the company’s full-year profitability and growth objectives.

Key takeaways
  • Q1 2026 revenue reached $83.1 million, up 20% year-over-year, in line with management’s stated expectations despite modest procedural impact from commercial realignment.
  • Gross margin improved sharply to 65%, up from 61% in Q4 2025, reaching the company’s full-year guidance three quarters early; management now expects further sequential margin gains throughout 2026.
  • U.S. Hydros system average selling price hit an all-time high of ~$485,000 (14% increase vs. Q4 2025), while handpiece ASPs rose 5% quarter-over-quarter and 10% year-over-year.
  • Company reiterates full-year system placement plans, with 49 U.S. Hydros systems sold in Q1 (including 2 replacements) and strong initial response to the AQUABEAM replacement program.
  • International expansion advanced with 7 Hydros systems sold in the UK and continued pipeline growth; regulatory momentum included a major clinical guideline upgrade in Europe and FDA clearance of second-generation software.
Q3 2025 Nov 5, 2025

PROCEPT BioRobotics reported robust third quarter 2025 results, achieving $83.3 million in total revenue, a 43% year-over-year increase, driven by strong capital system sales. The company remains focused on enhancing procedure utilization and expanding market awareness for its innovative Aquablation therapy.

Key takeaways
  • Total revenue reached $83.3 million, with U.S. sales contributing $73.9 million, showcasing solid growth amidst market scrutiny.
  • 58 U.S. capital systems shipped in the quarter, indicating a stable pricing environment despite tightening capital budgets in large hospital systems.
  • Organizational changes aimed at improving commercial execution, including expedited new account launches and a sharpened focus on international markets.
  • Potential expansion into prostate cancer treatment, supported by the ongoing WATER IV clinical trial, highlights the long-term growth opportunities beyond BPH.
  • Commitment to enhancing patient awareness and accelerating therapy adoption, leveraging new talent within leadership.