Significant Year-Over-Year Revenue Growth
Total revenue for Q3 2025 was approximately $144 million, representing a 32.2% growth year-over-year. U.S. transplant revenue was up 32% year-over-year.
Strong Growth in Organ Segments
Year-over-year growth across all organ segments: nearly 41% in liver, approximately 14% in heart, and approximately 5% in lung revenues.
Improved Operating Margins
Operating profit for Q3 was $23.3 million, representing more than 16% of total revenue, up from $3.9 million or approximately 4% of total revenue in Q3 2024.
Cash Position and Cash Generation
The company added approximately $65.6 million of cash to its balance sheet, ending Q3 with over $466.2 million in cash.
International Expansion
Plans to launch the first OUS NOP program in Italy with the establishment of up to 4 hubs, expected to catalyze growth in Europe.