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PROCEPT BioRobotics Corporation

PRCT

PROCEPT BioRobotics is a surgical robotics company that develops and commercializes transformative solutions in urology, specifically for the treatment of benign prostatic hyperplasia (BPH).

Market cap
$1.01B-24.9%
Revenue$322.0M+29.3%
Net income-$102.5M-13.6%
Free cash flow-$80.6M+8.7%
EPS (diluted)-$1.82-7.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$92.6M
EPS estimate-$0.46

Financials

Q1 2026

Income statement

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Revenue$83.1M+20.2%
Gross profit$53.9M+22.2%
Operating income-$32.6M-18.8%
Net income-$31.6M-27.9%
EPS (diluted)-$0.56-24.4%

Balance sheet

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Cash & equivalents$12.2M-96.2%
Total debt$78.0M-11.8%
Total equity$347.7M-10.7%
Total assets$487.1M-6.2%

Cash flow

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Operating cash flow-$38.1M-125%
CapEx$2.9M+58.7%
Free cash flow-$41.0M-118%

Valuation & ratios

Valuation

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Market cap$1.01B-24.9%
Enterprise value$1.07B
P/S3.1×

Profitability

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Gross margin64%+1.3pp
Operating margin-33.9%-3.8pp
Net margin-31.8%-3.4pp
FCF margin-25%-5.7pp

Returns & leverage

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Return on equity-27.8%+0.2pp
Debt / equity0.2×0.0×
Current ratio6.7×-2.2×

Segments

By product

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Handpieces and other consumables$49.4M+16.2%
System sales and rentals$27.2M+20.8%
Service$6.5M+57.3%

Competitors

Profile

PROCEPT BioRobotics is a surgical robotics company that develops and commercializes transformative solutions in urology, specifically for the treatment of benign prostatic hyperplasia (BPH). Its core value proposition is Aquablation therapy, an image-guided, heat-free waterjet ablation process that provides consistent, durable, and safe resection of prostate tissue independent of surgeon experience or prostate size.

Competitive position

PROCEPT holds a unique position as the provider of the only image-guided robotic waterjet therapy for BPH, competing against traditional manual resective surgeries and non-resective implants.

GeographiesUnited States, United Kingdom, Japan, European Union
Customer segmentsHealthcare Providers, Hospitals, Specialized Surgical Centers
Business modelRazor-and-blade, Capital Equipment Sales, Direct Sales
SuppliersSingle-source component suppliers, Ultrasound system manufacturers, Contract sterilization services, Third-party logistics providers
CustomersUrology departments in hospitals, Integrated Delivery Networks (IDNs), Group Purchasing Organizations (GPOs), International distribution partners
Listed2021
Employees626.0
CEOLarry L. Wood
FilingsSEC EDGAR

Questions, answered.

What is PROCEPT BioRobotics Corporation's market cap?
PROCEPT BioRobotics Corporation (PRCT) has a market capitalization of $1.0B and trades on NASDAQ.
What is PROCEPT BioRobotics Corporation's revenue and profitability?
PROCEPT BioRobotics Corporation generated $322.0M in trailing twelve-month revenue with a net loss of $102.5M, representing a net margin of -31.8%. Gross margin stands at 64.0%, with free cash flow of -$80.6M. These figures are based on the Q1 2026 filing.
Who are PROCEPT BioRobotics Corporation's competitors?
PROCEPT BioRobotics Corporation's key competitors include Intuitive Surgical, Boston Scientific Corporation, Teleflex Incorporated, and others. These companies compete in similar markets and product categories.
Who does PROCEPT BioRobotics Corporation partner with?
PROCEPT BioRobotics Corporation's notable partners include Canadian Imperial Bank of Commerce.
Where is PROCEPT BioRobotics Corporation headquartered?
PROCEPT BioRobotics Corporation is headquartered in United States of America and employs approximately 626 people. It has been publicly traded since 2021.