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Profound Medical Corp.

corporate_fare Company Profile

Profound Medical Corp.

PROF·NASDAQ·Industrial Applications And Services·CIK 0001628808

We are a commercial-stage medical device company focused on developing and marketing AI-powered, MRI-guided, incision-free therapies for ablating diseased tissue using our platform technologies. Our main product, the TULSA-PRO system, integrates real-time MRI, robotically-driven transurethral sweeping action/thermal ultrasound, and closed-loop temperature feedback control to ablate either the entire gland or a physician-defined region of malignant or benign prostate tissue. The TULSA-PRO system has demonstrated effectiveness in clinical and commercial settings for physicians treating prostate diseases, including cancer and benign prostatic hyperplasia ("BPH"). In August 2019, the TULSA-PRO system received FDA clearance as a Class II device in the United States for thermal ablation of prescribed prostate tissue, based on the Company's TACT whole gland ablation pivotal study. It also holds CE Mark approval in the EU for ablation of targeted prostate tissue (benign or malignant) and was approved by Health Canada in November 2019. Our Sonalleve system is CE Marked in the EU for ablation of uterine fibroids and adenomyotic tissue, palliative pain relief for bone metastases, treatment of osteoid osteoma, and management of benign desmoid tumors. The Sonalleve system is also approved in China and South Korea for non-invasive treatment of uterine fibroids. In November 2020, the Sonalleve system received HDE approval from the FDA for treating osteoid osteoma in the extremities. Our systems are designed for use with MRI scanners and are currently compatible with select MRI scanners from Philips, Siemens, and GE Healthcare. We have generated revenues from commercializing our systems in the United States, EU, and Asia.

Profound Medical Corp. (NASDAQ:PROF) is a publicly traded company in the Industrial Applications And Services sector. Wiseek has independently scored 22 items for PROF at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-17, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 6 rated 8 or above. Recent SEC coverage for PROF spans 8-K, 10-Q, S-3, 10-K.

Recent high-impact activity:

  • Profound Medical CFO Rashed Dewan Resigns; Matthew Sobczyk Named Interim CFO
  • Profound Medical Q2 Revenue Jumps 62% YTD, Losses Narrow as Commercialization Gains Traction
  • Profound Medical Q2 Revenue Up 12%, Reiterates $25M Full-Year Guidance; First Employer Health Plans Cover TULSA
  • Profound Medical's TULSA Procedure Shows Superior Penile Length Preservation vs. Surgery in CAPTAIN Trial
  • Shareholders Elect New Directors, Re-Approve Equity Incentive Plan

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$16.1M
Net Income
-$42.57M
Diluted EPS
$1.41
Op. Cash Flow
-$38.21M
Gross Profit
$11.39M
Operating Income
-$41.25M
Cash & Equivalents
$59.72M
Total Debt
$4.5M
Debt / Equity
0.07×
Net Margin
-264.4%
Shares Outstanding
36.29M sh
Source: 10-K · filed 2026-03-05 · accession 0001104659-26-024153

Short Interest & Short Volume

12.33 days to cover

FINRA reported short interest of 1,571,427 shares in PROF as of the September 15, 2026 settlement, a 3.0% decrease from the prior period — about 12.3 days to cover at its recent average daily volume. On October 2, 2026, 88.9% of PROF volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)1,571,427 shares as of September 15, 2026
Change vs prior period▼ 3.0%
Days to cover12.33 at avg daily volume of 127,446
Daily short volume (FINRA facilities)88.9% of 39,415 shares on October 2, 2026
5-day average short volume48.6%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for PROF, detected from its recent SEC filings.

1 shelf registration

Shares Registered for Resale · No Proceeds to Company

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$5.84
52-week range · as of 2026-08-17 $3.76 – $8.95
Market cap
$213.35M
Volume
67.8K (0.6× avg)
3-mo avg 119.9K
Live data · 2026-10-05 02:47 UTC · Market closed

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feed PROF - Latest Insights

PROF
Aug 17, 2026, 7:30 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.60
Real-time Price: $5.84 info
Change: -$0.760 (-12%) info
Market Cap: $213.35M info
PROF
Aug 06, 2026, 4:32 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $7.94
Real-time Price: $5.84 info
Change: -$2.10 (-26%) info
Market Cap: $213.35M info
PROF
Aug 06, 2026, 4:20 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $7.94
Real-time Price: $5.84 info
Change: -$2.10 (-26%) info
Market Cap: $213.35M info
PROF
Jul 24, 2026, 11:58 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $7.00
Real-time Price: $5.84 info
Change: -$1.16 (-17%) info
Market Cap: $213.35M info
PROF
May 15, 2026, 4:06 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.97
Real-time Price: $5.84 info
Change: -$1.13 (-16%) info
Market Cap: $213.35M info
PROF
May 14, 2026, 5:06 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $7.20
Real-time Price: $5.84 info
Change: -$1.36 (-19%) info
Market Cap: $213.35M info
PROF
May 12, 2026, 5:05 PM EDT
Filing Type: S-3
Importance Score:
7
Price at Filing: $7.14
Real-time Price: $5.84 info
Change: -$1.30 (-18%) info
Market Cap: $213.35M info
PROF
May 07, 2026, 4:31 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $6.55
Real-time Price: $5.84 info
Change: -$0.710 (-11%) info
Market Cap: $213.35M info
PROF
May 07, 2026, 4:12 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $6.55
Real-time Price: $5.84 info
Change: -$0.710 (-11%) info
Market Cap: $213.35M info
PROF
Apr 01, 2026, 8:29 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.37
Real-time Price: $5.84 info
Change: -$0.530 (-8%) info
Market Cap: $213.35M info
PROF
Mar 27, 2026, 8:18 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.25
Real-time Price: $5.84 info
Change: -$0.410 (-7%) info
Market Cap: $213.35M info
PROF
Mar 13, 2026, 10:35 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $5.94
Real-time Price: $5.84 info
Change: -$0.095 (-2%) info
Market Cap: $213.35M info
PROF
Mar 13, 2026, 10:30 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $5.84
Real-time Price: $5.84 info
Change: $0 (0%) info
Market Cap: $213.35M info
PROF
Mar 09, 2026, 9:55 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.00
Real-time Price: $5.84 info
Change: +$0.845 (+17%) info
Market Cap: $213.35M info
PROF
Mar 05, 2026, 4:32 PM EST
Filing Type: 10-K
Importance Score:
8
Price at Filing: $6.90
Real-time Price: $5.84 info
Change: -$1.06 (-15%) info
Market Cap: $213.35M info
PROF
Mar 05, 2026, 4:10 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.38
Real-time Price: $5.84 info
Change: -$0.540 (-8%) info
Market Cap: $213.35M info
PROF
Feb 12, 2026, 8:33 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.36
Real-time Price: $5.84 info
Change: -$0.520 (-8%) info
Market Cap: $213.35M info
PROF
Feb 05, 2026, 8:05 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.82
Real-time Price: $5.84 info
Change: -$0.980 (-14%) info
Market Cap: $213.35M info
PROF
Jan 15, 2026, 7:35 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $8.55
Real-time Price: $5.84 info
Change: -$2.71 (-32%) info
Market Cap: $213.35M info
PROF
Jan 12, 2026, 11:37 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $8.59
Real-time Price: $5.84 info
Change: -$2.75 (-32%) info
Market Cap: $213.35M info
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