Picard Medical (PMI) Operating Income (2024 - 2026)

Picard Medical (PMI) posted Operating Income of -$4.5 million for Q1 2026, down 50.22% on a QoQ basis from -$3.0 million in Q4 2025, and down 38.97% year-over-year from -$7.4 million in Q1 2025.

Picard Medical (PMI) Operating Income (2024 - 2026) Analysis & Trends

Picard Medical's Operating Income history runs 3 years deep, the most recent figure standing at -$4.5 million for Q1 2026.

  • Quarterly Operating Income fell 38.97% year-over-year to -$4.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$14.5 million (up 3.74% YoY) and the FY2025 annual result came in at -$13.3 million, up 3.32% from the prior year.
  • Operating Income was -$4.5 million for Q1 2026 at Picard Medical, down from -$3.0 million in the prior quarter.
  • Across five years, Operating Income topped out at -$3.0 million in Q4 2025 and bottomed at -$4.5 million in Q1 2026.
  • A 3-year average of -$3.7 million and a median of -$3.5 million in 2024 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2025 — Operating Income advanced 21.53% — and 2026, when it plunged 38.97%.
  • Picard Medical's Operating Income stood at -$3.6 million in 2024, then climbed by 15.93% to -$3.0 million in 2025, then slumped by 50.22% to -$4.5 million in 2026.
  • Business Quant data shows PMI's Operating Income at -$4.5 million in Q1 2026, -$3.0 million in Q4 2025, and -$3.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 1.35 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 936.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 1.87 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 1.10 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 477.60 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 255.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 282.15 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 515.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Picard Medical 6.70 Mn 6.70 Mn 275,000.00 -4.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.51 Mn
Dec 31, 2025 -3.00 Mn
Sep 30, 2025 -3.49 Mn
Jun 30, 2025 -3.52 Mn
Mar 31, 2025 -3.25 Mn
Dec 31, 2024 -3.57 Mn
Sep 30, 2024 -4.44 Mn
Jun 30, 2024 -3.82 Mn