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PExA (PEXA) investor relations material
PExA Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q2 2026 was 82,800 SEK, down from 312,582 SEK in Q2 2025; H1 2026 revenue was 1,188,559 SEK, up from 312,581 SEK year-over-year.
Net loss after financial items improved to -1,246,669 SEK in Q2 2026 from -2,315,399 SEK in Q2 2025; H1 2026 net loss was -2,199,311 SEK, an improvement from -4,563,974 SEK year-over-year.
Major commercial milestone: signed an 18-month, 7.5 MSEK contract with a top-10 global pharma company for 10 PEXA 2.1 systems for an international IPF clinical study.
Strengthened financial position post-period with over 26 MSEK raised through oversubscribed rights and directed share issues.
Financial highlights
Q2 2026 net sales: 82,800 SEK (Q2 2025: 312,582 SEK); H1 2026: 1,188,559 SEK (H1 2025: 312,581 SEK).
Q2 2026 net loss: -1,246,669 SEK (Q2 2025: -2,315,399 SEK); H1 2026 net loss: -2,199,311 SEK (H1 2025: -4,563,974 SEK).
Cash and cash equivalents at June 30, 2026: 796,326 SEK (June 30, 2025: 1,683,318 SEK).
Equity ratio at period end: 53.0% (67.1%).
Cash flow from operations Q2 2026: -1,924,402 SEK; total cash flow Q2 2026: -3,021,396 SEK.
Outlook and guidance
Contract with global pharma provides recurring revenue and increased predictability for coming quarters.
Strengthened capital base enables execution of larger customer projects and continued platform development.
Ongoing expansion into biomarker discovery, PK/PD, and diagnostics with a focus on lung disease and early detection.
- Q1 2026 saw strong sales growth, improved results, and key research orders, but more funding is needed.PEXA
Q1 2026 - Strategic refocus on lung cancer diagnostics, narrowed losses, and improved cash position.PEXA
Q4 2025 - Q3 revenue up 41%, rights issue secures 9.9 MSEK for diagnostic expansion.PEXA
Q3 2025 - Revenue up, losses narrowed, and a guaranteed rights issue launched to fund clinical expansion.PEXA
Q2 2025 - Sales and earnings fell, but strong equity and new funding support global expansion and R&D.PEXA
Q3 2024 - Revenue fell and losses increased, but new funding and scientific milestones support future growth.PEXA
Q2 2024 - No Q1 revenue as PEXA pivots to clinical focus; funding needed amid strong tech validation.PEXA
Q1 2025 - Revenue declined and losses deepened, but scientific and market momentum remain strong.PEXA
Q4 2024
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