Ceribell

Q2 FY2026 EarningsQ2 FY26 beat consensus on the top and bottom lines, with revenue of $28.1M (+33% YoY) exceeding the $27.3M estimate. Gross margin significantly outperformed at 92.3% vs. the 86.0% expected, driven by manufacturing efficiencies and one-time tariff refunds. Despite higher-than-expected operating expenses due to IP litigation, GAAP EPS of -$0.51 was slightly better than the mid-point consensus of -$0.485. Management raised full-year FY26 revenue guidance to $114M–$117M, above the prior trajectory.