France's EDAP TMS Q4 revenue beats on HIFU segment strength

Edap Tms SA

25/03/2026 11:40

Overview

France robotic therapies maker's Q4 revenue beat analyst expectations, driven by HIFU segment growth

Company-wide Q4 revenue fell 7% yr/yr as non-core business revenue declined

Company reiterated 2026 revenue guidance, expects HIFU revenue to grow 34%-45% yr/yr

Outlook

EDAP reiterates 2026 revenue guidance of $72.0 mln to $80.0 mln

Company expects 2026 HIFU revenue between $50.0 mln and $54.0 mln, up 34%-45% YoY

EDAP says demand for Focal One systems remains strong across academic and community centers

Result Drivers

HIFU SYSTEM SALES - Q4 HIFU revenue rose 34% yr/yr, driven by record Focal One system placements and strong demand in academic and community hospitals, per CEO Ryan Rhodes

PROCEDURE GROWTH - U.S. Focal One procedure volume grew 28% yr/yr, supporting higher disposables revenue

GROSS MARGIN PRESSURE - Gross margin declined due to tariffs on imports from France and an inventory reserve for legacy parts

Company press release: ID:nGNE1rGnn4

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
EUR 18.94 mln
EUR 18.36 mln (3 Analysts)
Q4 Net Income
-EUR 8.19 mln
Q4 Basic EPS
-EUR 0.22
Q4 Gross Profit
EUR 8.06 mln
Q4 Operating Expenses
-EUR 13.23 mln
Q4 Operating Income
-EUR 5.16 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."

Wall Street's median 12-month price target for Edap Tms SA is $4.00, about 2.3% above its March 24 closing price of $3.91

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)