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Picard Medical, Inc. (PMI)

Picard Medical, Inc. brought in $6.3M of revenue over the twelve months to June 30, 2026. It posted a net loss of $28M. At June 30, 2026 it held $38K in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 19, 2026.

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Price
$7.81
-2.98% on the day · November 11, 2026
52-week range $2.65 to $208.00
Market cap
$16M
Revenue (last 12 months)
$6.3M
Net margin
-444.8%

Key facts about Picard Medical, Inc.

Net worth
Picard Medical, Inc. has a market value (market cap) of $16M at the latest share price, and shareholders' equity of $1.7M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $4.9M (+12.5% year on year), with a net loss of $27M. Over the 12 months to June 30, 2026: revenue $6.3M, net loss $28M.
Cash flow
In fiscal 2025 operations used $15.7M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 19, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR

What Picard Medical, Inc. does

Picard Medical, Inc. is registered with the SEC under industry code SIC 3841 (Surgical & Medical Instruments & Apparatus). Its shares trade on NYSE under the ticker PMI.

Revenue and profit by year

Revenue
FY25: $4.4M $4.4M FY25FY25: $4.9M $4.9M FY25
Net income
FY25: -$21.1M -$21.1M FY25FY25: -$27M -$27M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$4.9M-$13.3M-$27M-$0.75n/a
2025$4.4M-$13.7M-$21.1M-$2.99n/a

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where PMI ranks in Health care

Revenue$4.9M
#566 of 751 in Health care · Bottom 25%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Picard Medical, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. October 6, 2026
  2. August 20, 2026
  3. August 19, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 39% to $3M versus the same quarter last year; diluted EPS -$3.05 versus -$42.39.
  4. August 17, 2026
  5. August 7, 2026
  6. July 27, 2026
  7. July 22, 2026
  8. July 21, 2026
  9. July 16, 2026
  10. July 13, 2026

Recent insider filings (Forms 3, 4 and 144): 6, the latest on June 3, 2026. Insider transactions on SEC

Insider trades

What the people running Picard Medical, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns PMI

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Hudson Bay Capital Management LP13G, passive with 1 related filers 9.99% 11,390,442 August 7, 2026

Latest filings below 5%: Sindex SSI Lending, LLC 0% (June 5, 2026).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about PMI

What does Picard Medical, Inc. do?

Picard Medical, Inc. is a company in the Health care sector, listed on NYSE as PMI. Its shares trade on NYSE under the ticker PMI.

What is Picard Medical, Inc.'s net worth?

Picard Medical, Inc. has a market value (market cap) of $16M at the latest share price, and shareholders' equity of $1.7M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Picard Medical, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $28M on revenue of $6.3M.

How much revenue does Picard Medical, Inc. make?

Over the twelve months to June 30, 2026 Picard Medical, Inc. reported revenue of $6.3M.

When did Picard Medical, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 19, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the new debt from October 6, 2026.

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Where the numbers come from

Financial figures are the values Picard Medical, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.