Seer, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $16.6M | $14.2M | $16.7M | $15.5M | $6.6M |
| Cost of revenue | $8.1M | $7.1M | $8.2M | $8.4M | $3.2M |
| Gross profit | $8.5M | $7.1M | $8.5M | $7.1M | $3.4M |
| Selling, general & administrative | $42.6M | $56.6M | $59.0M | $58.5M | $45.8M |
| Research and development | $43.9M | $50.6M | $53.0M | $45.8M | $29.1M |
| Operating expenses | $86.5M | $107.2M | $112.0M | $104.3M | $74.9M |
| Operating income | -$78.0M | -$100.1M | -$103.5M | -$97.2M | -$71.5M |
| Interest expense | — | — | — | $0 | $22,000 |
| Pretax income | -$73.4M | -$86.5M | -$86.3M | — | — |
| Income tax expense | $201,000 | $98,000 | $0 | $0 | $0 |
| Net income | -$73.6M | -$86.6M | -$86.3M | -$93.0M | -$71.2M |
| Balance Sheet | |||||
| Cash and equivalents | $47.3M | $40.8M | $32.5M | $53.2M | $232.8M |
| Current assets | $201.5M | $253.3M | $330.5M | $435.0M | $411.7M |
| Total assets | $296.1M | $366.6M | $436.3M | $487.9M | $539.1M |
| Current liabilities | $15.7M | $15.3M | $13.2M | $12.6M | $13.4M |
| Total liabilities | $36.8M | $39.0M | $39.4M | $40.9M | $36.2M |
| Stockholders' equity | $259.3M | $327.6M | $396.9M | $447.0M | $502.9M |
| Cash Flow Statement | |||||
| Cash from operations | -$44.4M | -$46.1M | -$59.1M | -$60.8M | -$46.3M |
| Depreciation and amortization | $6.1M | $6.2M | $5.6M | $3.9M | $2.6M |
| Stock-based compensation | $15.4M | $28.2M | $34.4M | $33.7M | $25.9M |
| Capital expenditure | $1.8M | $3.6M | $7.3M | $10.3M | $6.9M |
| Free cash flow | -$46.2M | -$49.7M | -$66.4M | -$71.0M | -$53.3M |
| Share repurchases | $10.2M | $0 | $13,000 | $20,000 | $35,000 |
Shares outstanding 55.0M · Free float 82.6%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.