LENSAR, Inc. (LNSR) Form 10-Q — Aug 13, 2026
LENSAR reported Q2 2026 revenue of $16.5 million, up 18% year over year, with net income of $3.5 million ($0.14 basic EPS) versus a $1.8 million net loss a year earlier, driven primarily by increased procedure volume and the company's first positive quarterly operating income of $2.1 million. First-half net income of $39.9 million was heavily flattered by non-recurring and non-cash items, including a $25.2 million gain from the change in fair value of warrant liabilities and $10.0 million of acquisition-related income after Alcon agreed LENSAR could retain its merger deposit when the parties terminated their Merger Agreement on March 16, 2026.
Key figures
- Eps
- $0.14 basic / $0.10 diluted (Q2 2026)
- Revenue
- 16495000
- Net Income
- 3535000
- Revenue Yoy
- 18% (Q2 2026); 7% (six months 2026)
- Total Assets
- 69558000
- Cash Position
- 13565000
- Shares Outstanding
- 12285865
- Six month revenue
- 29923000
- Accumulated deficit
- 137708000
- Q2 operating income
- 2134000
- Warrant liabilities
- 15016000
- Six month net income
- 39867000
- Installed base systems
- 445
- Six month operating income
- 4373000
- Warrant fair value gain 6m
- 25178000
- Tariff refund cogs reduction
- 1150000
- Asset based revolver aug 2026
- 10000000
- Merger deposit retained income
- 10000000
- Remaining performance obligations
- 45781000
- Purchase obligations next 18 months
- 9320000
- Acquisition related costs cumulative
- 12768000
Price after filing
Close on the filing date to close N calendar days later (from $6.03). Historical, not a forecast.
AI analysis
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