GlobeNewswire·Nov 10, 2026, 7:00 AM ET

LENSAR® Reports Third Quarter 2026 Financial Results and Provides Business Update

LENSAR placed 10 ALLY Robotic Cataract Laser Systems during the third quarter of 2026, bringing the total ALLY installed base to approximately 225 systems.
The company reported a total laser installed base of 450 systems as of September 30, 2026, representing a 6% year-over-year increase.
A backlog of 12 ALLY Systems was recorded as of September 30, 2026.
Third quarter recurring revenue grew 17% year-over-year to $12.6 million, accounting for 89% of total revenue.
Total revenue for the quarter ended September 30, 2026, was $14.1 million, a 1% decline from $14.3 million in the prior year period.
Procedure volume increased 12% year-over-year to 52,545 procedures in the third quarter of 2026.
Net loss for the quarter was $4.7 million, compared to a $3.7 million loss in the same period in 2025.
Adjusted EBITDA turned positive to $1.7 million for the quarter, compared to a $0.3 million loss in 2025.
Cash, cash equivalents, and investments totaled $12.6 million as of September 30, 2026, down from $18.0 million at December 31, 2025.
Management cited typical summer seasonality as the primary driver for the sequential decline in sales activity following a strong second quarter.