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Paragon Advanced Labs
Paragon Advanced Labs (PALS) investor relations material
Paragon Advanced Labs Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary31 Aug, 2026
Executive summary
Revenue rose 85% sequentially to $4.1M in Q2 2026, over five times Q2 2025 levels.
Gross profit margin turned positive at 10.3% as laboratory utilization and sample volumes increased.
Operational leverage improved, with significant available capacity for further growth.
Recent commercial wins and facility expansions are expected to sustain momentum into H2 2026.
Financial highlights
Q2 2026 revenue: $4.09M (Q1 2026: $2.21M; Q2 2025: $0.79M).
Gross profit: $0.42M in Q2 2026 vs. gross loss of $0.22M in Q1 2026.
Gross margin: 10.3% in Q2 2026, up from -9.8% in Q1 2026 and -74.3% in Q2 2025.
Six-month revenue to June 30, 2026: $6.3M, up 142% year-over-year.
Six-month gross profit: $0.2M vs. gross loss of $0.1M in prior year.
Outlook and guidance
Management expects continued revenue growth and gross profitability as commercial momentum persists.
Sample preparation and freight costs expected to moderate as internal capacity expands.
Sparks, Nevada lab expansion and Thunder Bay facility ramp-up to drive further capacity and growth.
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Next Paragon Advanced Labs earnings date
Q3 20261 Dec, 2026
Paragon Advanced Labs
Next Paragon Advanced Labs earnings date
Q3 20261 Dec, 2026
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