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Personalis, Inc. PSNL Noncash Lease Expense

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Other financials

Income statement

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Revenue$15.5M-24.9%
Gross profit$281.0K-96.1%
Operating income-$32.2M-81.7%
Net income-$30.0M-90.7%
EPS (diluted)-$0.29-61.1%

Balance sheet

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Cash & equivalents$73.6M+3.7%
Total debt$39.0M-6.2%
Total equity$254.8M+22.9%
Total assets$325.4M+19.1%

Cash flow

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Operating cash flow-$22.5M-25.1%
CapEx$3.2M+27.1%
Free cash flow-$25.7M-25.4%

Valuation

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Market cap$1.19B+133%
Enterprise value$1.16B+139%
P/S18.4×+12.5×

Profitability

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Gross margin13.7%-19.6pp
Operating margin-158.9%-5,457pp
Net margin-148.1%+154pp
FCF margin-131.2%-453pp

Returns & leverage

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Return on equity-41.4%-6.7pp
Debt / equity0.2×0.0×
Current ratio6.6×-0.3×

Where this comes from

Reported directly by Personalis, Inc. in its filing.

Tagged under the XBRL concept psnl:NoncashLeaseExpense.

The official record: Personalis, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Personalis, Inc.'s noncash lease expense?
Personalis, Inc. (PSNL) reported noncash lease expense of $161K in Q1 2026.
How has Personalis, Inc.'s noncash lease expense changed year-over-year?
Personalis, Inc.'s noncash lease expense decreased by 59.5% year-over-year, from $398K to $161K.
What is the long-term trend for Personalis, Inc.'s noncash lease expense?
Over 3 years (2021 to 2025), Personalis, Inc.'s noncash lease expense has grown at a -23.2% compound annual growth rate (CAGR), from $2.95M to $1.34M.
What does noncash lease expense mean?
This represents the non-cash expense recognized for operating leases under accounting standards like ASC 842. It reflects the systematic allocation of the right-of-use asset cost over the lease term, which is added back to net income in the cash flow statement because it does not involve an actual cash outflow. Monitoring this helps investors understand the portion of operating expenses that are accounting-driven rather than cash-based.