Strata Q1 2026 revenue rises 87.4% to $67.4 million; 2026 guidance reiterated
Strata Critical Medical reported first quarter 2026 results on May 6, 2026, with revenue of $67.4 million, up 87.4% from a year earlier, and net income from continuing operations of $2.4 million compared with a loss of $1.6 million in the prior-year quarter. Adjusted EBITDA was $6.4 million, down from $7.0 million in the fourth quarter of 2025, and the company reiterated its full-year 2026 guidance and completed the bolt-on acquisition of Ohio Valley Perfusion Associates for approximately $1 million.
Key points
- Total revenue of $67.4 million in Q1 2026 versus $35.9 million in Q1 2025; Logistics revenue rose 32.4% to $47.6 million
- Net income from continuing operations of $2.4 million versus a $1.6 million loss a year earlier; Adjusted EBITDA of $6.4 million versus $7.0 million in Q4 2025
- 2026 guidance reiterated: revenue of $260-275 million, Adjusted EBITDA of $29-33 million, free cash flow before aircraft and engine acquisitions of $15-22 million
- Completed acquisition of Ohio Valley Perfusion Associates for approximately $1 million
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 May 06, 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.