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Procept Biorobotics Corp
NASDAQ:PRCT

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Procept Biorobotics Corp
NASDAQ:PRCT
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Price: 29.55 USD 1.44% Market Closed
Market Cap: $1.7B

Procept Biorobotics Corp
Investor Relations

Procept Biorobotics Corp. is a pioneering force in the medical technology landscape, blending innovative engineering with clinical insights to address some of the most pressing challenges in urology. Founded with a vision to revolutionize surgical care, the company developed the AquaBeam Robotic System, an advanced medical platform that leverages robotic precision and real-time ultrasound imaging. This system is primarily employed in performing Aquablation therapy, a minimally invasive treatment designed to alleviate symptoms of benign prostatic hyperplasia (BPH). By integrating robotics and imaging, Procept offers a solution that enhances the accuracy of prostate tissue removal while minimizing risks and downtime for patients—a significant advancement over conventional methods.

Revenue generation for Procept Biorobotics centers on the sales of their AquaBeam systems, along with consumables and service contracts that provide ongoing support and upgrades for their hospital and clinical partners. Recognizing the critical nature of procedure efficiency and safety, the company also invests in broadening the application of its technology and frequently seeks endorsements through clinical trials and studies to validate their innovations. By ensuring their cutting-edge solutions meet the stringent demands of healthcare professionals and patients alike, Procept maintains a competitive edge, fostering both adoption and trust within the healthcare community while steadily driving their growth and financial success.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 4, 2025
AI Summary
Q3 2025

Strong Revenue Growth: Q3 revenue reached $83.3 million, up 43% year-over-year, with continued momentum in both U.S. and international markets.

System Sales Acceleration: Sold 58 capital systems in Q3, driven by strong U.S. demand and stable capital pricing despite hospitals taking longer to finalize purchases.

Utilization Focus: Utilization growth in Q3 was in the low single digits, mainly due to slower ramp-up of new HYDROS systems; management is addressing this with targeted initiatives.

Updated 2025 Guidance: Full-year 2025 revenue remains guided at $325.5 million, with slight downward adjustment in Q4 handpiece sales due to inventory optimization.

2026 Revenue Outlook: Early guidance for 2026 revenue is $410–430 million, reflecting continued growth and some procedural headwinds in the first half due to organizational changes.

Profitability Path: Management reiterated commitment to investing for growth but remains confident in the path toward profitability, with no major disruption expected from increased spending.

International Strength: International revenue grew 53% in Q3, and full-year 2025 international revenue guidance was raised to $37.5 million.

Leadership & Strategy: New CEO Larry Wood brings focus on therapy awareness, patient activation, and organizational realignment to accelerate utilization and long-term growth.

Key Financials
Revenue
$83.3 million
U.S. Revenue
$73.9 million
International Revenue
$9.4 million
Handpiece and Other Consumable Revenue
$44.4 million
Handpieces Sold
13,225
Other Consumable Revenue
$2.4 million
U.S. System Revenue
$24.7 million
HYDROS Systems Sold (Q3)
57
Average Selling Price per System
$435,000
U.S. Installed Base
653 systems
Gross Margin
64.8%
Operating Expenses
$77.2 million
Net Loss
$21.4 million
Adjusted EBITDA
($7.4 million)
Cash, Cash Equivalents, and Restricted Cash
$297 million
2026 Revenue
$410–430 million
U.S. System Sales (2025)
213 systems
Q4 2025 System Sales
65 systems
Earnings Call Recording
Other Earnings Calls

Management

Dr. Reza Zadno Ph.D.
President, CEO & Director
No Bio Available
Mr. Kevin Waters
Executive VP & CFO
No Bio Available
Ms. Alaleh Nouri
EVP, Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. Hisham Shiblaq
Executive VP & Chief Commercial Officer
No Bio Available
Mr. Mohan F. Sancheti
Senior Vice President of Operations
No Bio Available
Mr. Barry Templin
Executive VP of Technology & Clinical Development
No Bio Available
Mr. Matthew James Bacso C.F.A.
Vice President of Investor Relations
No Bio Available
Ms. Stacey L. Porter
Chief People Officer
No Bio Available
Mr. Bijesh Chandran
Senior Vice President of Regulatory Affairs & Quality Assurance
No Bio Available

Contacts

Address
CALIFORNIA
Redwood City
900 Island Drive, Suite 210
Contacts