PRCTNasdaqSurgical & Medical Instruments & ApparatusUS GAAP · USD

PROCEPT BioRobotics Corp

PROCEPT BioRobotics Corp develops and commercializes robotic systems for urology procedures, centered on Aquablation therapy for benign prostatic hyperplasia (BPH). The company sells its systems, single-use handpieces, accessories, and related service offerings primarily in the United States, with additional commercial activity in international markets through direct sales and distributors.

Liikevaihto308milj. USD
+37,2 %v/v
Liikevoitto (EBIT)−104milj. USD
−7,5 %v/v
EBIT-marginaali−33,7%
+9,3 %-yks.v/v
Nettotulos−95,6milj. USD
−4,5 %v/v
Vapaa kassavirta−58,3milj. USD
+43,7 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−200−1000100200300400milj. USD2020: 7,7 milj. USD2020: EBIT −48 milj. USD20202021: 34 milj. USD2021: EBIT −54 milj. USD20212022: 75 milj. USD2022: EBIT −81 milj. USD20222023: 136 milj. USD2023: EBIT −109 milj. USD20232024: 224 milj. USD2024: EBIT −97 milj. USD20242025: 308 milj. USD2025: EBIT −104 milj. USD2025308−104
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Robotic systems45 %

Capital equipment used to deliver Aquablation therapy in urology procedures.

Single-use handpieces35 %

Disposable handpieces used during each Aquablation procedure.

Accessories and probes8 %

Ancillary components shipped with or used alongside the robotic systems.

Service and repair7 %

Maintenance, repair, and support services for installed systems.

Leasing and other revenue5 %

Sales-type leasing arrangements and other related commercial revenue.

Asiakkaat

The company sells primarily to hospitals in the United States, where the end users are urologists and surgical teams performing BPH procedures. Outside the U.S., it works through direct sales teams and distribution partners, with market access shaped by reimbursement, surgeon training, and regulatory approval pathways.

Hospitals

Primary buyers of robotic systems and disposables for hospital-based BPH procedures.

Urologists and surgeons

Clinical decision-makers who evaluate outcomes, usability, and evidence before adoption.

Ambulatory surgery centers

Purchase or access systems for outpatient BPH treatment in selected settings.

Distribution partners

Support sales, training, and market development outside the United States.

Leasing customers

Access the systems through sales-type leasing rather than outright purchase.

Strategia

The company’s strategy is to expand the installed base of robotic systems, increase procedure utilization, and grow recurring handpiece sales tied to each surgery. It also invests in next-generation product development, software, and AI-enabled planning tools to improve Aquablation therapy and strengthen its competitive position.

Expand the installed base of robotic systemsLyhyt aikaväli

More installed systems create future recurring handpiece and service revenue.

Improve manufacturing scale and efficiencyKeskipitkä aikaväli

Higher production volumes can reduce per-unit costs and support margins.

Advance next-generation product and software developmentKeskipitkä aikaväli

Product improvements help sustain differentiation versus surgical and non-surgical alternatives.

Expand reimbursement and market accessLyhyt aikaväli

Coverage and payment determine whether hospitals and physicians adopt the therapy.

Maantiede

Q2/2026

The United States is the company’s core market and accounted for 88% of revenue in 2025, with 12% from outside the United States. Manufacturing is centered in San Jose, California, while logistics and shipping rely on third-party providers in the United States, United Kingdom, and the Netherlands to serve global customers.

USA88 %
Other countries (US filing)12 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business depends on clinical adoption, reimbursement coverage, and continued regulatory compliance for a medical device platform used in surgery. It also faces manufacturing, supplier, and product-safety risks because the systems rely on regulated components, single-source suppliers, and post-market surveillance.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Reimbursement and coverage risk1Product safety and recall risk2Supplier concentration risk3Regulatory compliance risk4Competitive pressure5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Reimbursement and coverage riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Hospitals and physicians may not adopt Aquablation if payers do not cover the procedure adequately.

    Kohdistuu: U.S. and international markets

  2. Product safety and recall riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Adverse events, malfunctions, or manufacturing defects can trigger recalls, reporting obligations, or market restrictions.

    Kohdistuu: Robotic systems and handpieces

  3. Supplier concentration riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Many components are sourced from single-source suppliers, so disruptions can affect production and delivery.

    Kohdistuu: Manufacturing supply chain

  4. Regulatory compliance riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Failure to meet FDA and other device regulations can lead to delays, sanctions, or loss of approvals.

    Kohdistuu: U.S. and international regulatory regimes

  5. Competitive pressureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company competes against established surgical and non-surgical BPH treatments with broader brand recognition and reimbursement coverage.

    Kohdistuu: BPH treatment market

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition across multiple product and service streams

Different contract types can recognize revenue at different times and affect quarterly comparability.

Vaikutus: Systems, handpieces, leases, and service contracts

Sales-type lease accounting

Lease arrangements change the timing and classification of revenue and receivables.

Vaikutus: Capital equipment sales channel

Warranty and post-market obligations

Estimated warranty, repair, and surveillance costs affect cost of sales and liabilities.

Vaikutus: Robotic systems and handpieces

Geographic mix and quarterly seasonality

U.S. versus international mix can change average selling prices and gross margin from period to period.

Vaikutus: Revenue and gross margin

Inventory and supply-chain estimates

Single-source components and manufacturing scaling can require reserves or write-downs if demand or supply shifts.

Vaikutus: Cost of sales and inventory valuation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026