Senseonics Q2 revenue jumps, raises 2026 outlook

Senseonics Holdings

06/08/2026 21:29

Overview
U.S. glucose monitoring tech firm's Q2 revenue rose 120% yr/yr to $14.5 mln
Gross margin expanded to 59%, up from 47% a year ago
Company raised full-year 2026 revenue and margin guidance

Outlook
Senseonics raises 2026 revenue guidance to $62 mln-$66 mln from $60 mln-$64 mln
Company lifts 2026 gross margin guidance to 58%-61% from 55%-58%
Company expects Europe to contribute about 20% of 2026 revenue as timing normalizes

Result Drivers
IN-HOUSE COMMERCIAL OPERATIONS - Co said bringing U.S. commercial operations in-house drove revenue and margin expansion
U.S. COMMERCIAL MOMENTUM - Co reported record shipment volume and 130% yr/yr increase in active prescribers in U.S.
EON CARE NETWORK - Co scaled Eon Care nurse network to cover 40% of insertion procedures, supporting growth

Company press release: ID:nGNX7SMTqM

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Loss Per Share
 
$0.63
 
Q2 Net Loss
 
$36.71 mln
 
Q2 Gross Profit
 
$8.56 mln
 
Q2 Operating Income
 
-$35.99 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for Senseonics Holdings Inc is $14.00, about 170.3% above its August 5 closing price of $5.18

Reuters Recommended Reads
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Aug 4 - Revvity raises annual profit, revenue forecasts on strong diagnostics demand

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(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.)