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PROCEPT BioRobotics (PRCT) investor relations material
PROCEPT BioRobotics Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary6 Aug, 2025
Executive summary
Q2 2025 revenue reached $79.2M, up 48% year-over-year, with strong U.S. and international demand and record international performance.
Net loss for Q2 2025 narrowed to $19.6M from $25.6M; adjusted EBITDA loss improved to $8M from $18M year-over-year.
Leadership transition underway as Larry Wood prepares to assume CEO role in September 2025.
Installed base reached 762 robotic systems globally, with 595 in the U.S.
Strategic focus on expanding installed base, innovation with Hydros platform, and scaling commercial execution.
Financial highlights
Q2 2025 total revenue was $79.2M, up 48% year-over-year; US revenue was $69.6M, up 46%.
Handpiece and consumable revenue grew 58% to $43.1M; 12,750 handpieces sold, up 59% year-over-year.
International revenue was $9.6M, up 69% year-over-year, driven by UK, Japan, and Korea.
Gross margin for Q2 2025 was 65%, up from 59% a year ago.
Cash, cash equivalents, and restricted cash at June 30, 2025, totaled ~$306M.
Outlook and guidance
Full-year 2025 revenue guidance raised to $325.5M, representing 45% growth over 2024.
Full-year gross margin expected at 64.5%, at the high end of prior guidance.
Adjusted EBITDA loss for 2025 expected at ~$35M, with Q4 approaching breakeven.
Full-year handpiece sales expected at 53,000 units, a 64% increase; international revenue guidance raised to $36M, up 50%.
Expect to sell ~210 new US robotic systems in 2025; Q3 greenfield system sales projected at 52 units with $440K ASP.
Assess confidence in 2025 revenue guidance.
Why split the CCO role now?
How will tariff changes impact gross margin?
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Next PROCEPT BioRobotics earnings date
Q3 20254 Nov, 2025
Next PROCEPT BioRobotics earnings date
Q3 20254 Nov, 2025
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Frequently asked questions
PROCEPT BioRobotics Corporation is a medical technology company specializing in the development and commercialization of robotic systems for the treatment of urological conditions. The company’s primary focus is on addressing benign prostatic hyperplasia (BPH), offering minimally invasive solutions designed to improve precision, patient outcomes, and recovery times. Its robotic platform combines imaging, robotics, and software to enhance surgical accuracy and efficiency, supporting healthcare providers in delivering advanced care. PROCEPT BioRobotics Corporation is headquartered in Redwood City, California, and its shares are listed on the NASDAQ.
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