)
CeriBell (CBLL) investor relations material
CeriBell Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 revenue reached $22.6 million, up 31% year-over-year, marking the 30th consecutive quarter of sequential growth and driven by commercial traction, new customer additions, and expanded account adoption.
Net loss for Q3 2025 was $13.5 million ($0.37/share), compared to $10.4 million ($1.85/share) in Q3 2024, reflecting higher operating expenses as the company scales.
Active account base reached 615, with a sequential increase of 31 accounts, the largest since going public; over 200,000 patients served as of September 30, 2025.
Utilization per account has nearly tripled over five years, with top accounts showing three times higher usage than average.
Erica Rogers appointed to the Board of Directors.
Financial highlights
Q3 2025 product revenue: $17.0 million (+28% YoY); subscription revenue: $5.6 million (+44% YoY); total revenue: $22.6 million (+31% YoY).
Gross margin for Q3 2025 was 88%, up from 87% in Q3 2024; gross profit was $19.9 million.
Operating expenses rose 39% YoY to $34.6 million, driven by commercial investments, higher headcount, and public company costs.
Cash, cash equivalents, and marketable securities totaled $168.5 million as of September 30, 2025.
Net loss per share: $(0.37) for Q3 2025, compared to $(1.85) in Q3 2024.
Outlook and guidance
Full-year 2025 revenue guidance raised to $87–$89 million, representing 33–36% annual growth.
Expect gross margins in the mid-80% range for Q4 2025 and full year 2026, supported by new Vietnam manufacturing line.
No plans for additional capital raise; aim to achieve cash flow break-even with current cash.
Current liquidity expected to fund operations for at least the next 12 months.
Focus remains on expanding U.S. market penetration and pursuing international regulatory clearances.
Next CeriBell earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)