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TriSalus Life Sciences, Inc.

TLSI

TriSalus Life Sciences is an oncology-focused medical technology company dedicated to improving treatment outcomes for patients with solid tumors.

Market cap
$265.32M+57.7%
Revenue$44.9M+39.6%
Net income-$27.3M-0.4%
Free cash flow-$20.3M+42.8%
EPS (diluted)-$1.32-17.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$10.3M
EPS estimate-$0.16

Financials

Q1 2026

Income statement

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Revenue$8.9M-2.9%
Gross profit$7.7M0.0%
Operating income-$8.4M-14.8%
Net income$1.5M+115%
EPS (diluted)$0.03+108%

Balance sheet

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Cash & equivalents$56.6M+324%
Total debt$33.1M+4.4%
Total equity$12.8M+137%
Total assets$71.0M+148%

Cash flow

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Operating cash flow-$6.5M-44.0%
CapEx$141.0K-81.3%
Free cash flow-$6.6M-26.0%

Valuation & ratios

Valuation

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Market cap$265.32M+57.7%
Enterprise value$241.85M+35.7%
P/S5.9×+1.1×

Profitability

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Gross margin85.1%-0.5pp
Operating margin-62.4%-16.8pp
Net margin-60.9%-13.4pp
FCF margin-45.2%-16.8pp

Returns & leverage

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Debt / equity2.6×
Current ratio5.8×+3.6×

Competitors

Profile

TriSalus Life Sciences is an oncology-focused medical technology company dedicated to improving treatment outcomes for patients with solid tumors. The company integrates proprietary drug delivery technology with standard-of-care therapies and its own investigational immunotherapeutic to overcome high intratumoral pressure and off-target delivery challenges.

Competitive position

A specialized player focusing on the intersection of interventional oncology devices and immunotherapy to solve drug penetration issues in desmoplastic tumors.

GeographiesUnited States
Customer segmentsSpecialized healthcare providers, Tertiary care centers, Clinical research organizations
Business modelMedical device manufacturing, Drug-device combination development, R&D intensive
SuppliersSpecialized medical-grade component manufacturers, Contract research organizations, Raw material suppliers for immunotherapeutics
CustomersInterventional oncologists, Surgical oncologists, Specialty hospitals
Listed2023
CEOMary T. Szela
FilingsSEC EDGAR

Questions, answered.

What is TriSalus Life Sciences, Inc.'s market cap?
TriSalus Life Sciences, Inc. (TLSI) has a market capitalization of $265.3M and trades on NASDAQ.
What is TriSalus Life Sciences, Inc.'s revenue and profitability?
TriSalus Life Sciences, Inc. generated $44.9M in trailing twelve-month revenue with a net loss of $27.3M, representing a net margin of -60.9%. Gross margin stands at 85.1%, with free cash flow of -$20.3M. These figures are based on the Q1 2026 filing.
Who are TriSalus Life Sciences, Inc.'s competitors?
TriSalus Life Sciences, Inc.'s key competitors include Boston Scientific, AngioDynamics, United Therapeutics Corp, and others. These companies compete in similar markets and product categories.
What subsidiaries does TriSalus Life Sciences, Inc. have?
TriSalus Life Sciences, Inc.'s subsidiaries include MedTech Acquisition Corp..
Where is TriSalus Life Sciences, Inc. headquartered?
TriSalus Life Sciences, Inc. is headquartered in United States of America. It has been publicly traded since 2023.