Quarterly ResultMay 7, 2026, 04:04 PM
Senseonics Q1 Revenue $11.7M (+87%); Raises FY26 Guidance to $60M-$64M
AI Summary
Senseonics Holdings, Inc. reported strong first-quarter 2026 financial results, with total revenue reaching $11.7 million, an 87% increase year-over-year. The company also raised its full-year 2026 global net revenue guidance to $60 million - $64 million, up from the previous range of $58 million - $62 million. This performance was driven by continued commercial momentum for Eversense 365 in the US and its launch in Europe, supported by over $100 million in recent equity and debt financing, despite an increased net loss of $32.3 million due to commercialization costs.
Key Highlights
- Q1 2026 total revenue $11.7 million, up 87% year-over-year.
- Raised full-year 2026 revenue guidance to $60 million - $64 million.
- Q1 2026 gross margin 59%, an increase of 35% year-over-year.
- Secured over $100 million in equity and debt financing.
- Q1 2026 U.S. revenue $9.3 million, up from $4.5 million in Q1 2025.
- Q1 2026 net loss $32.3 million, or $0.71 loss per share.