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SOPH — Sophia Genetics SA News Story

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Switzerland's SOPHiA GENETICS Q2 revenue rises on Liquid Biopsy growth

Switzerland's SOPHiA GENETICS Q2 revenue rises on Liquid Biopsy growth


Overview

  • Switzerland AI precision medicine firm's Q2 revenue grew 27% yr/yr

  • Adjusted EBITDA loss for Q2 improved 27% yr/yr

  • Company raised 2026 revenue guidance to $94-96 mln, up from prior range


Outlook

  • SOPHiA GENETICS raises 2026 revenue guidance to $94 mln-$96 mln from $92 mln-$94 mln

  • Company expects 2026 adjusted EBITDA loss between $29 mln and $32 mln

  • SOPHiA GENETICS expects to approach adjusted EBITDA breakeven by end of 2026


Result Drivers

  • U.S. VOLUME GROWTH - Co said Q2 revenue was driven by 60% volume growth in the U.S.

  • LIQUID BIOPSY EXPANSION - Co reported 80% yr/yr revenue growth in Liquid Biopsy segment in Q2

  • BIOPHARMA PARTNERSHIPS - Co said accelerating BioPharma growth was supported by new companion diagnostic programs with AstraZeneca


Company press release: ID:nPn1RFkfza


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$23.30 mln

Q2 Adjusted Gross Margin

72.10%


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"


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.)

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