Picard Medical (PMI) Operating Income (2024 - 2026)
Picard Medical's (PMI) quarterly Operating Income came in at -$4.5 million in Q1 2026, down 38.97% YoY from -$7.4 million in Q1 2025, and down 50.22% on a QoQ basis from -$3.0 million in Q4 2025.
Picard Medical (PMI) Operating Income (2024 - 2026) Analysis & Trends
Picard Medical (PMI) has 3 years of Operating Income data on file, last reported at -$4.5 million in 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 declined to -$4.5 million in Q1 2026, from -$3.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$3.0 million in Q4 2025 to a low of -$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 increased 21.53% — and 2026, when it sank 38.97%.
- Tracing PMI's Operating Income over 3 years: stood at -$3.6 million in 2024, then gained by 15.93% to -$3.0 million in 2025, then plunged by 50.22% to -$4.5 million in 2026.
- The last three Operating Income figures came in at -$4.5 million (Q1 2026), -$3.0 million (Q4 2025), and -$3.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.49 Bn | 193.88 Bn | 7.27 Bn | 1.69 Bn |
| 2 | Stryker | 127.80 Bn | 124.32 Bn | 4.50 Bn | 1.66 Bn |
| 3 | Medtronic | 118.98 Bn | 109.76 Bn | 6.41 Bn | 1.87 Bn |
| 4 | Boston Scientific | 73.58 Bn | 73.04 Bn | 3.85 Bn | 1.18 Bn |
| 5 | Edwards Lifesciences | 51.93 Bn | 47.68 Bn | 1.35 Bn | 513.20 Mn |
| 6 | Dexcom | 34.34 Bn | 32.39 Bn | 830.00 Mn | 318.30 Mn |
| 7 | GE HealthCare Technologies | 33.76 Bn | 31.66 Bn | 2.18 Bn | 739.00 Mn |
| 8 | Koninklijke Philips | 26.37 Bn | 23.05 Bn | 4.55 Bn | 989.17 Mn |
| 9 | Steris | 23.07 Bn | 22.59 Bn | 684.20 Mn | 285.80 Mn |
| 10 | Picard Medical | 4.50 Mn | 4.50 Mn | 275,000.00 | -4.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |