Financial Snapshot

Revenue
$199.8M
TTM
Gross Margin
56.81%
TTM
Net Earnings
-$100.1M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
602.06%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$241.2M
Q3 2024
Cash
Q3 2024
P/E
-54.06
Nov 29, 2024 EST
Free Cash Flow
-$103.6M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $136.2M $75.01M $34.47M $7.717M $6.169M
YoY Change 81.55% 117.6% 346.72% 25.09%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $136.2M $75.01M $34.47M $7.717M $6.169M
Cost Of Revenue $65.14M $37.93M $18.61M $8.972M $8.054M
Gross Profit $71.05M $37.09M $15.87M -$1.255M -$1.885M
Gross Profit Margin 52.17% 49.44% 46.02% -16.26% -30.56%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $131.8M $88.83M $51.04M $30.27M $28.52M
YoY Change 48.35% 74.05% 68.59% 6.15%
% of Gross Profit 185.47% 239.53% 321.69%
Research & Development $48.45M $28.98M $18.99M $16.28M $13.15M
YoY Change 67.16% 52.59% 16.7% 23.79%
% of Gross Profit 68.19% 78.15% 119.72%
Depreciation & Amortization $3.807M $2.841M $3.324M $2.860M $1.494M
YoY Change 34.0% -14.53% 16.22% 91.43%
% of Gross Profit 5.36% 7.66% 20.95%
Operating Expenses $180.2M $117.8M $70.03M $46.55M $41.67M
YoY Change 52.98% 68.23% 50.45% 11.72%
Operating Profit -$109.2M -$80.72M -$54.16M -$47.80M -$43.55M
YoY Change 35.24% 49.04% 13.31% 9.76%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $3.995M $5.183M $5.810M $5.261M $379.0K
YoY Change -22.92% -10.79% 10.44% 1288.13%
% of Operating Profit
Other Income/Expense, Net -$176.0K -$203.0K -$154.0K -$25.00K $1.196M
YoY Change -13.3% 31.82% 516.0% -102.09%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$105.9M -$87.15M -$59.85M -$53.02M -$41.98M
YoY Change 21.51% 45.61% 12.89% 26.31%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$105.9M -$87.15M -$59.85M -$53.02M -$41.98M
YoY Change 21.51% 45.61% 12.89% 26.31%
Net Earnings / Revenue -77.76% -116.18% -173.62% -687.04% -680.42%
Basic Earnings Per Share -$2.24 -$1.96 -$3.63 -$14.47
Diluted Earnings Per Share -$2.24 -$1.96 -$3.63 -$14.47 -$993.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $257.2M $221.9M $304.3M $100.1M $42.02M
YoY Change 15.94% -27.1% 203.92% 138.29%
Cash & Equivalents $257.2M $213.0M $290.7M $100.1M $42.02M
Short-Term Investments
Other Short-Term Assets $5.213M $6.952M $3.412M $1.100M $930.0K
YoY Change -25.01% 103.75% 210.18% 18.28%
Inventory $39.76M $28.54M $13.98M $7.477M $6.686M
Prepaid Expenses
Receivables $48.38M $15.27M $4.464M $1.549M $1.099M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $350.6M $272.6M $326.2M $110.3M $50.74M
YoY Change 28.59% -16.42% 195.83% 117.31%
Property, Plant & Equipment $48.99M $32.14M $8.324M $12.92M $8.273M
YoY Change 52.44% 286.08% -35.55% 56.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.957M $3.089M $777.0K $777.0K $691.0K
YoY Change 28.1% 297.55% 0.0% 12.45%
Total Long-Term Assets $54.15M $36.70M $10.85M $15.72M $11.26M
YoY Change 47.54% 238.25% -30.95% 39.58%
Total Assets $404.7M $309.3M $337.0M $126.0M $62.00M
YoY Change
Accounts Payable $13.50M $9.391M $2.029M $1.240M $1.444M
YoY Change 43.74% 362.84% 63.63% -14.13%
Accrued Expenses $18.57M $20.68M $11.21M $7.824M $3.132M
YoY Change -10.22% 84.58% 43.21% 149.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $4.551M $0.00
YoY Change -100.0%
Total Short-Term Liabilities $45.93M $35.29M $16.24M $14.53M $6.790M
YoY Change 30.14% 117.28% 11.81% 113.93%
Long-Term Debt $51.34M $51.21M $50.00M $44.41M $23.22M
YoY Change 0.25% 2.42% 12.6% 91.21%
Other Long-Term Liabilities $26.70M $25.75M $3.687M $6.078M $2.750M
YoY Change 3.67% 598.51% -39.34% 121.02%
Total Long-Term Liabilities $78.04M $76.97M $53.69M $50.49M $25.97M
YoY Change 1.39% 43.35% 6.35% 94.37%
Total Liabilities $124.0M $112.3M $69.93M $65.01M $32.76M
YoY Change 10.43% 60.52% 7.57% 98.42%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 47.26M shares 44.40M shares 16.48M shares 3.663M shares
Diluted Shares Outstanding 47.26M shares 44.40M shares 16.48M shares 3.663M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $5.4096 Billion

About PROCEPT BioRobotics Corp

PROCEPT BioRobotics Corp. is a commercial-stage surgical robotics company, which engages in the development of transformative solutions in urology. The company is headquartered in San Jose, California and currently employs 626 full-time employees. The company went IPO on 2021-09-15. The firm develops, manufactures and sells the AquaBeam Robotic System, which is an image-guided surgical robotic system for use in minimally invasive urologic surgery, with an initial focus on treating benign prostatic hyperplasia (BPH). The AquaBeam Robotic System employs a single-use disposable handpiece to deliver the Company’s proprietary Aquablation therapy, which combines real-time, multi-dimensional imaging, personalized treatment planning, automated robotics and heat-free waterjet ablation for targeted and rapid removal of prostate tissue. The firm designed Aquablation therapy to deliver effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, (LUTS), due to BPH that are independent of prostate size and shape or surgeon experience.

Industry: Surgical & Medical Instruments & Apparatus Peers: ABBOTT LABORATORIES AtriCure, Inc. CONMED Corp GLAUKOS Corp Integer Holdings Corp NEVRO CORP NUVASIVE INC Paragon 28, Inc. TREACE MEDICAL CONCEPTS, INC. TransMedics Group, Inc.