LENSAR — Third Quarter 2026 Earnings Summary

LENSAR, Inc. reported third-quarter 2026 total revenue of $14.1 million, a 1% decrease from the prior year, driven by lower system sales that were partially offset by growth in procedure volume and recurring revenue. Recurring revenue increased 17% year-over-year to $12.6 million, representing 89% of total revenue, while procedure volume rose 12% to 52,545. The company placed 10 ALLY Robotic Cataract Laser Systems during the quarter, bringing the total ALLY installed base to approximately 225 systems and the total laser installed base to 450 systems. Despite the revenue decline, the company achieved an Adjusted EBITDA of $1.7 million and reported a net loss of $4.7 million.