Strong Revenue Growth and Molecular Test Delivery
Personalis achieved revenues of over $20 million in Q1 2025 and delivered over 2,000 molecular tests, marking a 52% increase from the previous quarter and approximately 650% year-over-year growth compared to Q1 2024.
Biopharma Revenue Surge
Biopharma revenue grew to $13.6 million, a 39% increase compared to the same period in 2024, driven by strong growth in the use of NeXT Personal.
Cash Position and Financial Guidance
The company has cash and cash equivalents of $185.7 million, reiterating revenue guidance of $80 million to $90 million for 2025, with expected 30% to 40% quarter-over-quarter growth in molecular results.
Clinical and Reimbursement Progress
Personalis is advancing towards reimbursement in breast, lung cancer, and IO therapy monitoring, with promising interim data in colorectal cancer indicating potential for future reimbursement.