CeriBell (CBLL) financial statements
CeriBell reported revenue of $89M in fiscal 2025, up 40.3% a year over 2 years.
Net income was -$53M and the operating margin -65.6%, against -66.4% in 2023.
Free cash flow was -$42M.
The diluted share count rose 589% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from CeriBell's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $45M | $65M | $89M |
| Cost of revenue | $7M | $9M | $11M |
| Gross profit | $38M | $57M | $78M |
| Research and development | $9M | $14M | $19M |
| Selling, general and admin | $59M | $83M | $118M |
| Operating income | -$30M | -$40M | -$58M |
| Interest expense | $2M | $2M | $2M |
| Pre-tax income | -$29M | -$40M | -$53M |
| Income tax | $11,000 | $0 | $0 |
| Net income | -$29M | -$40M | -$53M |
| EPS (diluted) | -$5.56 | -$3.39 | -$1.46 |
| Diluted shares | 5M | 12M | 37M |
| Gross margin | 84.4% | 86.7% | 87.9% |
| Operating margin | -66.4% | -60.7% | -65.6% |
| Net margin | -65.1% | -61.8% | -60.0% |
Balance sheet
Fiscal years, from CeriBell's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $34M | $194M | $159M |
| Receivables | $8M | $11M | $15M |
| Inventory | $6M | $7M | $7M |
| Total current assets | $52M | $217M | $187M |
| Property, plant and equipment | $2M | $2M | $2M |
| Total assets | $59M | $225M | $196M |
| Total current liabilities | $22M | $13M | $19M |
| Total liabilities | $24M | $34M | $40M |
| Shareholders' equity | -$112M | $191M | $155M |
| Net debt | -$34M | -$194M | -$40M |
Cash flow
Fiscal years, from CeriBell's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | -$29M | -$35M | -$41M |
| Capital spending | $983,000 | $1M | $767,000 |
| Free cash flow | -$30M | -$36M | -$42M |
| Stock-based compensation | $3M | $5M | $12M |
| Net borrowing | -$4M | $8M | $0 |
| Free cash flow margin | -66.6% | -55.6% | -46.7% |
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Open CBLL in InvestinglyQuestions
What was CeriBell's revenue in 2025?
$89M in fiscal 2025, from its 10-K filing.
How much free cash flow does CeriBell generate?
-$42M in fiscal 2025 (operating cash flow minus capital spending).
From CeriBell's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.