AVITA Medical Q3 revenue rises 53% to $26.1 million; full-year guidance raised
AVITA Medical reported third-quarter 2026 revenue of $26.1 million, up 53% from $17.1 million a year earlier, and raised its full-year 2026 revenue guidance to $92 million to $94 million. Net loss narrowed to $6.2 million ($0.20 per share) from $13.2 million ($0.46 per share), and the company drew the remaining $10.0 million under its Perceptive Advisors credit facility, which management said led it to conclude that substantial doubt about its ability to continue as a going concern had been alleviated.
Key points
- Q3 2026 total revenue $26.1 million, up 53% from $17.1 million in Q3 2025
- Full-year 2026 revenue guidance raised to $92 million to $94 million, from $86 million to $89 million
- Net loss $6.2 million, or $0.20 per share, versus $13.2 million, or $0.46 per share, a year earlier
- Cash and marketable securities of approximately $10.5 million at September 30, 2026; total facility borrowings reached $60 million after the $10.0 million draw
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.