StockData
PROCEPT BioRobotics Corp logo

PROCEPT BioRobotics Corp (PRCT) company profile

PRCTNasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 9/3050% below fair value
$23.80+0.29 (+1.23%)

Close on Nov 13, 2026Market cap $1.36BP/E –Yield –

About PROCEPT BioRobotics

Surgical & Medical Instruments & Apparatus, SIC 3841

The company develops, manufactures, and sells image-guided surgical robotic systems for minimally invasive urology, focusing on treating benign prostatic hyperplasia. Its primary products are the AquaBeam Robotic System and the HYDROS Robotic System. Each system utilizes single-use disposable handpieces to deliver Aquablation therapy, combining ultrasound imaging, robotic automation, and heat-free waterjet ablation to remove prostate tissue. The company primarily sells its products to hospitals, as well as to ambulatory surgery centers, distribution partners, and leasing companies.

The company maintains an installed base of 912 robotic systems globally, including 718 units in the United States and the remainder internationally. It sells through a direct sales organization in the United States targeting urologists across approximately 2,700 hospitals. Internationally, sales occur through direct personnel and third-party distribution partners. The provided text does not mention the company's headquarters location.

Summary of the business section of PROCEPT BioRobotics's latest annual report, written by StockData.

Company profile

Company

Legal name
PROCEPT BioRobotics Corp
Headquarters
San Jose, CA
Address
150 Baytech Drive 95134
Phone
(650) 232-9832
Employees
888, Dec 31, 2025
Industry
Surgical & Medical Instruments & Apparatus
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
PricewaterhouseCoopers LLP, San Jose, California

Stock & identifiers

Ticker
PRCT
Exchange
Nasdaq
IPO date
Sep 16, 2021
Shares outstanding
57M, Jul 31, 2026
Public float
$3.20B, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
1588978
CUSIP
74276L105
ISIN
US74276L1052
FIGI
BBG009KD84H4
Share class FIGI
BBG009KD84J2
EIN
26-0199180

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Larry L. WoodPresident, CEO, Director338,103
Reza ZadnoPresident, CEO, Director186,829
Pooja SharmaChief Strat/Marketing Officer106,471
Alaleh NouriEVP, CLO, CORP. SEC.127,737
Barry L. TemplinEVP, Chief Technology Officer151,283
Kevin WatersEVP, CFO180,355
Hisham ShiblaqEVP, Chief Comm. Officer83,133
Michael MackDirector7,727
Mary GarrettDirector17,700
Elisabeth Sandoval LittleDirector15,876
Antal Rohit DesaiDirector477,792
Frederic H. MollDirector866,474
Thomas M. PrescottDirector7,211
Amy M. DodrillDirector10,941
Dan PuckettDirector8,791
Taylor C. HarrisDirector137,565

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Larry L.Wood
$16.78M$13.07M$2.33M$75$105
FY2025
Reza Zadno Ph.D
$6.77M-$7.59M$2.33M$75$105
FY2024
Larry L.Wood
$0$0$2.81M$192$97
FY2024
Reza Zadno Ph.D
$6.52M$17.83M$2.81M$192$97
FY2023
Larry L.Wood
$0$0$2.49M$100$87
FY2023
Reza Zadno Ph.D
$6.09M$2.29M$2.49M$100$87

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsOption awardsIncentive payOtherTotalvs. prior year
Larry L. Wood
President & Chief Executive Officer
$304.83K$1.70M$7.22M$7.23M$243.86K$91.31K$16.78M–
Reza Zadno
Former President & Chief Executive Officer
$471.31K–$3.79M$1.29M$472.00K$743.25K$6.77M+4%
Kevin Waters
EVP, Chief Financial Officer
$502.25K–$1.48M$503.59K$256.15K$7.50K$2.75M+26%
Hisham Shiblaq
Former EVP, Chief Commercial Officer
$335.96K–$1.01M$343.37K–$275.81K$1.96M-45%
Alaleh Nouri
EVP, Chief Legal Officer & Corporate Secretary
$471.50K–$1.18M$400.59K$220.43K$7.50K$2.28M-14%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

Offering

Type
Initial public offering
Final prospectus filed
Sep 16, 2021
Offer price
$25.00
Securities offered
6,556,000
Gross proceeds
$163.90M
Exchange
Nasdaq
First trading day
Sep 15, 2021
First-day close
$41.94+67.8%
Lock-up ends (est.)
Mar 14, 2022

“Per Share Total Initial public offering price $25.00 $163,900,000 Underwriting discounts and commissions (1) $1.75 $11,473,000 Proceeds, before expenses, to us $23.25 $152,427,000 __________ (1) See the section titled “Underwriting” for additional information regarding compensation payable to the underwriters.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had 888 employees.”

Corporate history

Events identified from SEC filings

See a number that looks wrong?