Profound Medical Pre-Announces Q3 Revenue of $9.8M-$10.0M, Beating Consensus by ~45-47%
PROF sits 42% above its 52-week low of $4.8 on elevated volume (2.4× avg).
Summary
Profound Medical pre-announced Q3 2026 revenue of $9.8M-$10.0M, beating analyst consensus by ~45-47% and growing ~85-89% year-over-year, with gross margin above 70%.
Key Events · Earnings and Guidance · PROF
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Q3 Revenue Beat by ~45-47%
Preliminary Q3 2026 revenue of $9.8M-$10.0M versus Bloomberg consensus of $6.78M, representing 85-89% YoY growth from $5.3M in Q3 2025.
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Sequential Growth of ~292-300%
Revenue nearly quadrupled from $2.5M in Q2 2026, indicating a sharp inflection in TULSA-PRO commercial adoption.
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Gross Margin Above 70%
Management expects Q3 gross margin to again exceed 70%, reflecting operating leverage as revenue scales.
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Full Results November 5, 2026
Profound will report complete Q3 2026 financial results after market close on Thursday, November 5, 2026, with a conference call at 4:30 p.m. ET.
Analysis · PROF · Industrial Applications And Services
A sharp inflection in TULSA-PRO adoption is signaled by preliminary Q3 2026 revenue of $9.8 million to $10.0 million, roughly 45-47% above the Bloomberg consensus of $6.78 million. This represents a dramatic acceleration from Q2's $2.5 million — sequential growth of nearly 300% — and gross margin is expected to exceed 70%. The magnitude of the beat is substantial for a company with a $207 million market cap and quarterly revenue that was under $3 million just one quarter ago. The stock is likely to reprice on this news, as it suggests the commercial ramp is inflecting sharply.
How filings like this one have moved
In the 30 days to Oct 7, 2026, 29% of the 1648 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.62%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, PROF was trading at $6.80 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $207.5M. The 52-week trading range was $4.80 to $8.95. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.