Precipio, Inc. (PRPO) Financial Statements
Industry: Laboratory Analytical Instruments
In fiscal 2025, Precipio reported revenue of $24.0M, up 29.8% from $18.5M the year before. Net income was -$363,000 (a -1.5% net margin), or -$0.23 per diluted share. Gross margin was 44.5% and operating margin was -5.0%. Operating activities generated $685,000 of cash, leaving $374,000 of free cash flow. At fiscal year end, Precipio held $21.3M in total assets against $6.8M in total liabilities, including $2.7M of cash and equivalents.
Open the full interactive Precipio financials → Quarterly statements, key ratios, valuation history and price charts.
Precipio Key Stats
| Share Price | $22.59 |
|---|---|
| Market Cap | $40.4M |
| Revenue YoY Growth | +29.8% |
| 52-Week Range | $17.00 – $32.37 |
| Shares Outstanding | 1.8 million (basic, 2026 Q2) |
Precipio Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $6.1M | $8.8M | $9.4M | $15.2M | $18.5M | $24.0M |
| Cost of Goods Sold | $4.9M | $6.5M | $6.9M | $9.2M | $11.0M | $13.3M |
| Gross Profit | $1.1M | $2.4M | $2.5M | $6.0M | $7.6M | $10.7M |
| Operating Income | -$9.1M | -$9.6M | -$12.8M | -$7.6M | -$4.2M | -$1.2M |
| Pre-Tax Income | -$10.6M | -$8.5M | -$12.2M | -$5.9M | -$4.3M | -$363,000 |
| Income Tax | $27,000 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$10.6M | -$8.5M | -$12.2M | -$5.9M | -$4.3M | -$363,000 |
| Diluted EPS | -$17.00 | -$8.00 | -$10.80 | -$4.51 | -$2.93 | -$0.23 |
Precipio Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $6.8M | $6.7M | $6.7M | $7.0M |
| Net Income | -$79,000 | $526,000 | -$1.4M | -$219,000 |
| Diluted EPS | -$0.05 | $0.33 | -$0.81 | -$0.12 |
Precipio Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.7M | $11.7M | $3.4M | $1.5M | $1.4M | $2.7M |
| Current Assets | $4.2M | $13.5M | $5.7M | $3.7M | $3.5M | $6.0M |
| Total Assets | $20.7M | $30.4M | $21.5M | $18.1M | $17.0M | $21.3M |
| Current Liabilities | $4.7M | $4.2M | $4.4M | $3.1M | $4.3M | $3.8M |
| Total Long-Term Debt | $1.0M | $186,000 | $389,000 | $341,000 | $374,000 | $77,000 |
| Total Liabilities | $6.6M | $5.8M | $5.1M | $3.7M | $4.9M | $6.8M |
| Shareholders' Equity | $14.1M | $24.6M | $16.3M | $14.4M | $12.1M | $14.6M |
Precipio Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$7.4M | -$6.6M | -$7.7M | -$3.6M | $439,000 | $685,000 |
| Cash From Investing | -$96,000 | -$682,000 | -$277,000 | -$126,000 | -$223,000 | -$326,000 |
| Cash From Financing | $9.3M | $16.3M | -$225,000 | $1.7M | -$329,000 | $903,000 |
| Free Cash Flow | -$7.6M | -$7.3M | -$8.0M | -$3.7M | $177,000 | $374,000 |
Figures from Precipio's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Precipio financials page for every line item.
Precipio Company Profile
| Ticker | PRPO |
|---|---|
| Exchange | Nasdaq |
| Industry | Laboratory Analytical Instruments |
| Headquarters | New Haven, Connecticut |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001043961 |
Frequently Asked Questions
What was Precipio's revenue in fiscal 2025?
Precipio (PRPO) reported revenue of $24.0M for fiscal 2025.
What is Precipio's annual revenue history?
Precipio's annual revenue by fiscal year: 2020: $6.1M; 2021: $8.8M; 2022: $9.4M; 2023: $15.2M; 2024: $18.5M; 2025: $24.0M.
What was Precipio's net income in fiscal 2025?
Precipio reported net income of -$363,000 for fiscal 2025.
What was Precipio's earnings per share (EPS) in fiscal 2025?
Precipio's diluted EPS was -$0.23 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Precipio generate in fiscal 2025?
Precipio generated $374,000 of free cash flow in fiscal 2025.
What was Precipio's revenue last quarter?
In its most recent reported quarter (2026 Q2), Precipio reported revenue of $7.0M.
How much debt does Precipio have?
Precipio reported $77,000 of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Precipio are outstanding?
Precipio reported a weighted average of 1.8 million basic shares outstanding in 2026 Q2.
What is Precipio's market cap?
Based on its latest closing price, Precipio (PRPO) has a market capitalization of about $40.4M.
When does Precipio's fiscal year end?
Precipio's fiscal year end, as registered with the SEC, is December 31.
Where is Precipio headquartered?
Precipio lists its business address in New Haven, Connecticut in its SEC filings.