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PROCEPT BioRobotics Corporation

PRCTHealthcareNASDAQ

Medical Devices

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Financials · Annual
Revenue
$308.1M
+37.2% YoY
Net Income
-$95.6M
-4.5% YoY
EBITDA
-$85.4M
-4.6% YoY
Free Cash Flow
-$43.2M

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About PROCEPT BioRobotics Corporation

PROCEPT BioRobotics Corporation, a surgical robotics company, develops transformative solutions in urology in the United States and internationally. With a market capitalization of $1.55B, it sits in small-cap territory. It develops, manufactures, and sells AquaBeam Robotic System, an image-guided, surgical robotic system for use in minimally invasive urologic surgery focusing on treating benign prostatic hyperplasia.

Key stats
Market Cap$1.55B
Fwd P/E-31.41
EPS$-1.83
Beta0.83
52W Change-53.1%
ROE-27.8%
Analysis

The balance sheet looks solid with $245.6M in cash comfortably exceeding the $78.0M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company is burning cash, with free cash flow at -$43.2M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -27.8% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $75.0M (2022) to $308.1M (2025), reflecting a 311% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing PRCT's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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