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Cerus CERS Product — Gross Profit

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Other financials

Income statement

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Revenue$53.7M+24.1%
Operating income-$354.0K+94.0%
Net income-$1.6M+78.7%
EPS (diluted)-$0.01+75.0%

Balance sheet

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Cash & equivalents$27.9M+43.0%
Total debt$45.0M-43.3%
Total equity$67.6M+21.7%
Total assets$222.9M+7.8%

Cash flow

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Operating cash flow-$3.0M-261%
CapEx$233.0K+108%
Free cash flow-$3.3M-243%

Valuation

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Market cap$473.58M+119%
Enterprise value$490.69M+83.1%
P/S2.4×-0.8×

Profitability

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Gross margin64%
Operating margin-6.2%-2.1pp
Net margin-9.8%-2.8pp
FCF margin3.5%+1.9pp

Returns & leverage

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Return on equity-15.5%-5.6pp
Debt / equity0.7×-0.8×
Current ratio1.6×-0.7×

Where this comes from

Reported directly by Cerus in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Cerus’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-197777
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Product revenue$53,661$43,239
Cost of product revenue25,76717,815
Gross profit on product revenue27,89425,424
Government contract revenue6,2325,614
Operating expenses:
Research and development14,53216,605
Selling, general and administrative19,94820,286
Total operating expenses34,48036,891

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Cerus's product — gross profit?
Cerus (CERS) reported product — gross profit of $27.89M in Q1 2026.
How has Cerus's product — gross profit changed year-over-year?
Cerus's product — gross profit increased by 9.7% year-over-year, from $25.42M to $27.89M.
What is the long-term trend for Cerus's product — gross profit?
Over 4 years (2021 to 2025), Cerus's product — gross profit has grown at a 13.6% compound annual growth rate (CAGR), from $67.38M to $112.29M.
What does product — gross profit mean?
This metric is calculated as the difference between total product revenue and the direct costs of goods and services sold. It measures the core profitability of the segment before accounting for operating expenses, interest, or taxes. A healthy gross profit indicates strong pricing power and efficient manufacturing processes.

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