Seer, Inc.

Seer, Inc.SEEREarnings & Financial Report

Nasdaq · Health Care · Laboratory Analytical Instruments

Seer, Inc. is an American biotechnology company headquartered in Redwood City, California. Established in 2017, the company develops technologies for proteomics research.

Revenue

$3.1M

Gross Profit

$1.7M

Operating Profit

$-27.1M

Net Profit

$-22.9M

Gross Margin

56.3%

Operating Margin

-882.0%

Net Margin

-743.8%

YoY Growth

-23.4%

EPS

$-0.35

Seer, Inc. Q2 FY2024 Financial Summary

Seer, Inc. reported revenue of $3.1M (down 23.4% YoY) for Q2 FY2024, with a net profit of $-22.9M (up 2.5% YoY) (-743.8% margin). Cost of goods sold was $1.3M, operating expenses totaled $28.8M.

Key Financial Metrics

Total Revenue$3.1M
Net Profit$-22.9M
Gross Margin56.3%
Operating Margin-882.0%
Report PeriodQ2 FY2024

Seer, Inc. Annual Revenue by Year

Seer, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $16.6M).

YearAnnual Revenue
2025$16.6M
2024$14.2M
2023$16.7M
2022$15.5M

Seer, Inc. Quarterly Revenue & Net Profit History

Seer, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$4.2M+5.0%$-16.0M-380.7%
Q3 FY2025$4.1M+2.2%$-18.2M-442.5%
Q2 FY2025$4.1M+31.9%$-19.4M-479.5%
Q1 FY2025$4.2M+37.1%$-19.9M-474.4%
Q4 FY2024$4.0M-9.9%$-21.7M-543.6%
Q3 FY2024$4.0M-3.1%$-21.3M-529.0%
Q2 FY2024$3.1M-23.4%$-22.9M-743.8%
Q1 FY2024$3.1M-24.4%$-20.7M-674.5%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$3.1M$3.1M$4.0M$4.0M$4.2M$4.1M$4.1M$4.2M
YoY Growth-24.4%-23.4%-3.1%-9.9%37.1%31.9%2.2%5.0%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$422.0M$406.6M$383.4M$366.6M$347.3M$322.5M$308.6M$296.1M
Liabilities$38.4M$41.9M$38.7M$39.0M$36.3M$34.2M$36.8M$36.8M
Equity$383.6M$364.7M$344.7M$327.6M$311.0M$288.3M$271.8M$259.3M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-10.5M$-10.1M$-14.1M$-11.5M$-11.4M$-14.7M$-7.6M$-10.8M