Earnings Releases·Nov 10, 2026, 4:08 PM ET

SenesTech — Q3 2026 Earnings Summary

Total revenue reached a record $1.097 million in Q3 2026, a 42% sequential and 59% year-over-year increase, driven by a 52% sequential rise in e-commerce revenue which now accounts for 71% of total sales.
Gross profit hit a record $796,000 with a 72.6% gross margin, though net loss widened to $2.0 million from $1.8 million in Q2 2026 and $1.3 million in Q3 2025.
Cash and cash equivalents decreased to $4.0 million (down from $7.575 million at year-end 2025) as net cash used in operating activities was $1.3 million, while deferred revenue rose to $45,000.
Strategic expansion includes launching AI-driven assessment services for B2B clients, adding Grove Collaborative as an e-commerce channel, and expanding the B2B sales team to four members with two more hires expected by year-end.
Management highlighted momentum in subscription growth (up 72% sequentially) and B2B adoption, though the company faces ongoing risks regarding capital needs, regulatory developments, and reliance on third-party platforms.