SEERNasdaqLaboratory Analytical InstrumentsFiscal year ends December 31
Seer, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$2.02−0.01 (-0.49%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- 0.00%
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
51.1%−48.9 pts over 5 years
Operating margin
-470.5%+4659.0 pts over 5 years
Net margin
-444.0%+4552.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +17.0% | +2.3% | +90.8% | – | |
| Gross profit | +20.0% | +6.1% | +66.8% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -12.6% | -25.1% | |
| Return on assets | – | – | -22.2% | |
| Current ratio | – | 53.51 | 12.84 | |
| Inventory turnover | – | – | 1.1× | |
| Capex to revenue | – | 691.2% | 10.8% | |
| Diluted shares | – | 13M | – |
Where the cash went
Fiscal 2021 to 2025, five years combined
Seer generated $256.75M from operations and spent $29.95M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$256.75M
Used
$29.95M
Capital expenditure$29.88M100%Dividends$00%Share buybacks$68.00K0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-444.0%
×Asset turnover0.05×
×Equity multiplier1.13×
=Return on equity, FY2025-25.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -444.0% | 0.05× | 1.13× | -25.1% |
| FY2024 | -611.1% | 0.04× | 1.11× | -23.9% |
| FY2023 | -517.8% | 0.04× | 1.10× | -20.4% |
| FY2022 | -600.1% | 0.03× | 1.08× | -19.6% |
| FY2021 | -1075.5% | 0.01× | 1.05× | -15.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$73.60M
- Cash generatingOperating cash flow above zero-$44.45M
- Return on assets improvedROA up on the prior year-19.8% → -20.1%
- Earnings backed by cashOperating cash flow above net income-$44.45M vs -$73.60M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose16.53 → 12.84
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year49.79% → 51.06%
- More efficientAsset turnover rose0.03 → 0.05