Seer Q2 revenue falls 23% to $3.1 million; net loss narrows to $16.9 million
Seer reported second-quarter 2026 revenue of $3.1 million, down 23% from $4.1 million a year earlier, which the company attributed to academic and government funding pressure and longer sales cycles. The net loss narrowed to $16.9 million from $19.4 million as operating expenses fell 19%, and Seer reaffirmed its full-year 2026 revenue guidance of $16 million to $18 million. Shareholders get lower sales offset partly by lower costs, with cash, cash equivalents and investments of $209.5 million at June 30, 2026.
Key points
- Q2 2026 revenue was $3.1 million, down 23% from $4.1 million in Q2 2025
- Operating expenses were $18.3 million, down 19% from $22.6 million
- Net loss per share was $0.31, compared with $0.33 a year earlier
- Full-year 2026 revenue guidance of $16 million to $18 million was reaffirmed
The filing
Written by AI on Nov 9, 2026, 8:53 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 August 11, 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.