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ACCESS Newswire·

SenesTech Reports Record Q3 2026 Revenue with 59% Year-Over-Year Growth

  • SenesTech reported Q3 2026 total revenue of $1.097 million, a 42% sequential increase & 59% year-over-year rise.
  • Gross profit reached a record $796,000, representing a 40% sequential increase & 84% year-over-year growth.
  • E-commerce revenue grew 52% sequentially & 337% year over year, accounting for approximately 71% of total Q3 revenue.
  • Subscription revenue increased 53% sequentially & 234% year over year, with combined subscribers up 72% from Q2.
  • Direct B2B revenue rose 19% sequentially & 2% year over year, driven by process changes in pest management, government, & commercial verticals.
  • Evolve revenue increased 67% year over year to $979,000, while ContraPest revenue grew 13% year over year to $118,000.
  • Net loss for Q3 2026 was $2.0 million, compared to $1.8 million in Q2 2026 & $1.3 million in Q3 2025.
  • Adjusted EBITDA loss was $1.4 million in Q3 2026, unchanged from Q2 2026 but an increase from $1.1 million in Q3 2025.
  • Cash & cash equivalents totaled $4.0 million at quarter end, with an additional $1.2 million raised via ATM post-quarter.
  • Net cash used in operating activities declined to $1.3 million in Q3, down from $1.7 million in Q2 2026.
  • The B2B sales team expanded to four members, with two additional hires planned before year-end.
  • SenesTech added Grove Collaborative as a new third-party e-commerce channel to expand consumer reach.
  • Assessment & monitoring services were launched for B2B customers using an internally developed AI tool for infestation analysis.
  • Chicago's Wicker Park Bucktown program reduced rat activity intensity by 88% over 12 months using SenesTech solutions.
  • Swampscott, Massachusetts reported a 43% reduction in rodent activity over six months through combined sanitation & Evolve usage.
  • Sandstrom Partners was engaged as a strategic advisor to enhance branding & customer retention efforts.
  • Gross margin for Q3 2026 was 72.6%, compared to 73.6% in Q2 2026 & 62.8% in Q3 2025.
Company
SenesTech, Inc.
Keywords
Business & Professional Services, Company Update