Procept Biorobotics CorpProcept Biorobotics Corp
Procept Biorobotics Corp

Procept Biorobotics Corp

PRCT
Health Care·Health Care Equipment & Supplies

PROCEPT BioRobotics Corp. is a commercial-stage surgical robotics company, which engages in the development of transformative solutions in urology. It manufactures and sells the AquaBeam Robotic System, an image-guided, surgical robotic system for use in minimally invasive urologic surgery, with an initial focus on treating BPH. The firm's proprietary AquaBeam Robotic System employs a single-use disposable handpiece to deliver its Aquablation therapy, which combines real-time, multidimensional imaging, personalized treatment planning, automated robotics and heat-free waterjet ablation for targeted and rapid removal of prostate tissue. The company was founded by Nikolai Aljuri and Rodney C. Perkins in 2007 and is headquartered in San Jose, CA.

California; U.S.A
Market cap
No dataNo data
Revenue
$308.1M+37.2% YoY
Net income
$-95.6M−4.5% YoY
Free cash flow
$-58.3M+43.7% YoY

Market

Listed stock
PRCTPriceNasdaq
Loading…Loading…1Y

Financial performance

Revenue
$308.1M+37.2% YoY
Operating income
$-103.9M−7.5% YoY
Net income
$-95.6M−4.5% YoY
Free cash flow
$-58.3M+43.7% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $34.5M, 2022 $75M, 2023 $136.2M, 2024 $224.5M, 2025 $308.1M. Operating income: 2021 $-54.2M, 2022 $-80.7M, 2023 $-109.2M, 2024 $-96.6M, 2025 $-103.9M. Net income: 2021 $-59.9M, 2022 $-87.2M, 2023 $-105.9M, 2024 $-91.4M, 2025 $-95.6M. Free cash flow: 2021 $-57.9M, 2022 $-83M, 2023 $-133.2M, 2024 $-103.6M, 2025 $-58.3M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
37.2%−2762 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-12-31 $-54.2M, 2022-12-31 $-80.7M, 2023-12-31 $-109.2M, 2024-12-31 $-96.6M, 2025-12-31 $-103.9M. Net income: 2021-12-31 $-59.9M, 2022-12-31 $-87.2M, 2023-12-31 $-105.9M, 2024-12-31 $-91.4M, 2025-12-31 $-95.6M. Free cash flow: 2021-12-31 $-57.9M, 2022-12-31 $-83M, 2023-12-31 $-133.2M, 2024-12-31 $-103.6M, 2025-12-31 $-58.3M

Growth heatmap

2022202320242025CAGR
Revenue
+117.6%
+81.6%
+64.8%
+37.2%
+72.9%
Gross profit
+133.8%
+91.6%
+93.0%
+43.1%
+87.5%
Operating income
-49.0%
-35.2%
+11.5%
-7.5%
No data
Free cash flow
-43.3%
-60.4%
+22.2%
+43.7%
No data

Earnings quality

Operating cash flow
$-49M+50.6% YoY
Net income
$-95.6M−4.5% YoY
Free cash flow
$-58.3M+43.7% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 51%, 2024-12-31 109%, 2023-12-31 102%, 2022-12-31 92%, 2021-12-31 96%. Free cash flow: 2025-12-31 61%, 2024-12-31 113%, 2023-12-31 126%, 2022-12-31 95%, 2021-12-31 97%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
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Diluted shares
Latest
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Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
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Current ratio
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Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
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Return on invested capital
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Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
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Price to sales
No data
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EV / EBITDA
No data
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Free cash flow yield
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