Seer, Inc. (SEER) Financial Statements
Industry: Laboratory Analytical Instruments
In fiscal 2025, Seer reported revenue of $16.6M, up 17.0% from $14.2M the year before. Net income was -$73.6M (a -444.0% net margin), or -$1.28 per diluted share. Gross margin was 51.1% and operating margin was -470.5%. Operating activities generated -$44.4M of cash, leaving -$46.2M of free cash flow. At fiscal year end, Seer held $296.1M in total assets against $36.8M in total liabilities, including $47.3M of cash and equivalents.
Open the full interactive Seer financials → Quarterly statements, key ratios, valuation history and price charts.
Seer Key Stats
| Share Price | $2.11 |
|---|---|
| Market Cap | $116.4M |
| Revenue YoY Growth | +17.0% |
| 52-Week Range | $1.62 – $2.37 |
| Shares Outstanding | 55.2 million (basic, 2026 Q2) |
Seer Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $6.6M | $15.5M | $16.7M | $14.2M | $16.6M |
| Gross Profit | $3.4M | $7.1M | $8.5M | $7.1M | $8.5M |
| Operating Income | -$71.5M | -$97.2M | -$103.5M | -$100.1M | -$78.0M |
| Pre-Tax Income | -$71.2M | -$93.0M | -$86.3M | -$86.5M | -$73.4M |
| Income Tax | $0 | $0 | $0 | $98,000 | $201,000 |
| Net Income | -$71.2M | -$93.0M | -$86.3M | -$86.6M | -$73.6M |
| Diluted EPS | -$1.17 | -$1.49 | -$1.35 | -$1.39 | -$1.28 |
Seer Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.1M | $4.2M | $2.8M | $3.1M |
| Net Income | -$18.2M | -$16.0M | -$16.8M | -$16.9M |
| Diluted EPS | -$0.32 | -$0.28 | -$0.30 | -$0.31 |
Seer Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $232.8M | $53.2M | $32.5M | $40.8M | $47.3M |
| Current Assets | $411.7M | $435.0M | $330.5M | $253.3M | $201.5M |
| Total Assets | $539.1M | $487.9M | $436.3M | $366.6M | $296.1M |
| Current Liabilities | $13.4M | $12.6M | $13.2M | $15.3M | $15.7M |
| Total Liabilities | $36.2M | $40.9M | $39.4M | $39.0M | $36.8M |
| Shareholders' Equity | $502.9M | $447.0M | $396.9M | $327.6M | $259.3M |
Seer Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$46.3M | -$60.8M | -$59.1M | -$46.1M | -$44.4M |
| Cash From Investing | -$170.9M | -$122.7M | $37.9M | $65.9M | $61.5M |
| Cash From Financing | $116.6M | $3.9M | $452,000 | -$11.5M | -$10.6M |
| Free Cash Flow | -$53.3M | -$71.0M | -$66.4M | -$49.7M | -$46.2M |
Figures from Seer'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 Seer financials page for every line item.
Seer Company Profile
| Ticker | SEER |
|---|---|
| Exchange | Nasdaq |
| Industry | Laboratory Analytical Instruments |
| Headquarters | Redwood City, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001726445 |
Frequently Asked Questions
What was Seer's revenue in fiscal 2025?
Seer (SEER) reported revenue of $16.6M for fiscal 2025.
What is Seer's annual revenue history?
Seer's annual revenue by fiscal year: 2021: $6.6M; 2022: $15.5M; 2023: $16.7M; 2024: $14.2M; 2025: $16.6M.
What was Seer's net income in fiscal 2025?
Seer reported net income of -$73.6M for fiscal 2025.
What was Seer's earnings per share (EPS) in fiscal 2025?
Seer's diluted EPS was -$1.28 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Seer generate in fiscal 2025?
Seer generated -$46.2M of free cash flow in fiscal 2025.
What was Seer's revenue last quarter?
In its most recent reported quarter (2026 Q2), Seer reported revenue of $3.1M.
How many shares of Seer are outstanding?
Seer reported a weighted average of 55.2 million basic shares outstanding in 2026 Q2.
What is Seer's market cap?
Based on its latest closing price, Seer (SEER) has a market capitalization of about $116.4M.
When does Seer's fiscal year end?
Seer's fiscal year end, as registered with the SEC, is December 31.
Where is Seer headquartered?
Seer lists its business address in Redwood City, California in its SEC filings.