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LENSAR, Inc. LNSR Q2 2026 earnings

Reported August 13, 2026 · Before market open

Revenue$13.7MMiss by $964.0K
EPS$0.10Beat by $0.27
Revenue estimate$14.7M
EPS estimate-$0.17
In all metrics we delivered a significant second quarter, highlighted by 18% total revenue growth and 20% recurring revenue growth over the second quarter of 2025, and our strongest Adjusted EBITDA performance to date along with positive Net Income. These results reflect the continued strength of our business model, increasing utilization across our installed base, and sustained demand for the ALLY System. Importantly, procedure revenue grew 23% over the second quarter last year as surgeons continued to increase the number of procedures performed using ALLY, reinforcing our belief in the solid health of our underlying business in realizing the long-term potential of our recurring revenue model. The growth we achieved during the second quarter gives us continued confidence in the trajectory of the business. Our increasing installed base, expanding recurring revenue and healthy backlog of pending installations exiting the second quarter position us well as we continue executing on our commercial strategy, LENSAR maintains a sharp focus on driving long-term value for our shareholders, as well as our surgeon partners and the patients they serve.
Nick Curtis

Next report

Nov 12, 2026 (in 2 months)
Revenue estimate$14.3M
EPS estimate-$0.05

Financials

Q2 2026

Income statement

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Revenue$16.5M+18.4%
Gross profit$9.8M+39.2%
Operating income$2.1M+134%
Net income$3.5M+300%
EPS (diluted)$0.10+167%

Balance sheet

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Cash & equivalents$13.6M+89.7%
Total debt$6.1M+163%
Total equity$14.9M+165%
Total assets$69.6M-1.2%

Cash flow

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Operating cash flow-$127.0K+97.5%

Valuation & ratios

Valuation

as of 09/17/26
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Market cap$86.98M-42.5%
Enterprise value$79.55M-45.7%
P/E2.5×
P/S1.4×-1.1×

Profitability

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Gross margin48.3%+1.2pp
Operating margin-13.5%-4.3pp
Net margin57.6%+36.1pp

Returns & leverage

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Debt / equity0.4×
Current ratio2.4×+0.9×

Segments

By geography

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Europe$2.3M-4.3%
Asia$2.0M
Other Geographical Region$62.0K-18.4%

By product

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Service$1.7M+21.8%

FAQ

When did LENSAR, Inc. report Q2 2026 earnings?
LENSAR, Inc. (LNSR) reported Q2 2026 earnings on August 13, 2026 before market open.
What were LENSAR, Inc.'s Q2 2026 revenue and EPS?
LENSAR, Inc. reported revenue of $13.7M and eps of $0.10 for Q2 2026.
Did LENSAR, Inc. beat estimates in Q2 2026?
Revenue missed the consensus estimate of $14.7M by $964.0K. EPS beat the consensus estimate of $-0.17 by $0.27.
How did LENSAR, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 1.8% from $13.9M a year earlier.
Where can I find LENSAR, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-342330) and the 10-Q periodic report (0001193125-26-349315) directly on SEC EDGAR. The filing index links above go to sec.gov.