Service Revenue, Net was Precipio’s largest product and service line in fiscal 2025, bringing in $50.75M of $53.49M (95%).
| Product and Service | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Service Revenue, Net | $18.89M | $26.49M | $39.17M | $50.75M | ||||
| Product Revenue | — | $3.02M | $2.61M | $2.74M | ||||
| Other Revenue | $1.40M | — | — | — | ||||
| Other | — | — | — | — | ||||
| Clinical Research Grants & Other | — | — | — | — | ||||
| Total | $20.29M | $29.51M | $41.78M | $53.49M |
Precipio brought in $53.49M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 28.0% from $41.78M in fiscal 2024. Service Revenue, Net was the largest at $50.75M (94.9%), ahead of Product Revenue at $2.74M (5.1%).
Compared with fiscal 2024, Service Revenue, Net grew 29.6% to $50.75M and Product Revenue grew 5.0% to $2.74M.
Precipio began breaking out Product Revenue in fiscal 2023, when it brought in $3.02M. Precipio stopped reporting Other Revenue as a separate line after fiscal 2022, when it brought in $1.40M.
Medicare was Precipio’s largest revenue line in fiscal 2017, bringing in $569.00K of $1.70M (33%).
| Counterparty Name | FY 2016 | FY 2017 |
|---|---|---|
| Third Party Payers | $1.14M | $500.00K |
| Medicare | $688.00K | $569.00K |
| Contract Diagnostic Services | — | $491.00K |
| Self-Pay | $253.00K | $103.00K |
| Medicaid | $25.00K | $39.00K |
| Total | $2.10M | $1.70M |
Precipio brought in $1.70M from its five revenue lines in fiscal 2017, the year ended December 31, 2017. Precipio regrouped these revenue lines after fiscal 2016, so the total does not compare directly with that year's $2.10M. Medicare was the largest at $569.00K (33.4%), ahead of Third Party Payers at $500.00K (29.4%) and Contract Diagnostic Services at $491.00K (28.8%). The other two revenue lines brought in $142.00K combined.
Compared with fiscal 2016, Medicaid grew fastest, up 56.0% to $39.00K, while Self-Pay fell the most, down 59.3% to $103.00K.
Precipio began breaking out Contract Diagnostic Services in fiscal 2017, when it brought in $491.00K.
Third-Party Payor was Precipio’s largest revenue line in fiscal 2020, bringing in $11.89M of $15.66M (76%).
| Payer Type Revenue Source [Axis]. | FY 2019 | FY 2020 |
|---|---|---|
| Third-Party Payor | — | $11.89M |
| Third Party Payer | $5.79M | — |
| Medicare | $1.69M | $2.88M |
| Contract Diagnostic Services | $595.00K | $426.00K |
| Self-Pay | $34.00K | $411.00K |
| Clinical Research Grants & Other | $44.00K | — |
| Medicaid | $31.00K | $53.00K |
| Total | $8.18M | $15.66M |
Precipio brought in $15.66M from its five revenue lines in fiscal 2020, the year ended December 31, 2020. Precipio regrouped these revenue lines after fiscal 2019, so the total does not compare directly with that year's $8.18M. Third-Party Payor was the largest at $11.89M (75.9%), ahead of Medicare at $2.88M (18.4%) and Contract Diagnostic Services at $426.00K (2.7%). The other two revenue lines brought in $464.00K combined.
Compared with fiscal 2019, Self-Pay grew fastest, up 1,108.8% to $411.00K, while Contract Diagnostic Services fell the most, down 28.4% to $426.00K.
Precipio began breaking out Third-Party Payor in fiscal 2020, when it brought in $11.89M. Precipio stopped reporting Third Party Payer ($5.79M in fiscal 2019) and Clinical Research Grants & Other ($44.00K in fiscal 2019) as separate revenue lines.
Precipio (PRPO) reports its revenue by product and service, by counterparty name and by payer type revenue source [axis].. In fiscal 2025, Service Revenue, Net was its largest product and service line, bringing in $50.75M (94.9% of the total), followed by Product Revenue at $2.74M (5.1%).
Service Revenue, Net was Precipio's largest product and service line in fiscal 2025, bringing in $50.75M, or 94.9% of the $53.49M total across its two product and service lines.
Medicare was Precipio's largest revenue line in fiscal 2017, bringing in $569.00K, or 33.4% of the $1.70M total across its five revenue lines.
Service Revenue, Net grew faster than Product Revenue in fiscal 2025, up 29.6% from $39.17M to $50.75M. Product Revenue grew 5.0% to $2.74M.
Every figure comes from Precipio's annual financial filings, as reported. Each line keeps the name Precipio gives it, and years follow its fiscal calendar.
Precipio's revenue by product and service goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.