State Ledger
Company profile

Picard Medical, Inc. CIK 2030617

Ticker
PMI (NYSE)
Industry
Surgical & Medical Instruments & Apparatus
Headquarters
Tucson, AZ 85713
Fiscal year end
2025 (FY)
Market Data
Close
$11.36
Change
+$2.10
Change %
22.62%
Volume
8,521

PMI · trading date Oct 12, 2026 · previous close $9.26 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$4.94M
Net income
-$27.00M
Total assets
$22.55M
Total liabilities
$18.76M
Stockholders' equity
$3.79M
Cash & equivalents
$7.45M
Operating income
-$13.26M
Operating cash flow
-$15.67M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-03-30. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-268.4%
Net margin
-546.6%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
83.2%
Equity / assets
16.8%
CapEx / revenue
—
Operating cash flow / net income
0.58×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $4.94M -$27.00M $22.55M $18.76M $3.79M
2024 $4.39M -$21.06M $12.11M $35.84M -$44.00M
Company Details
SIC code
3841
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-08-20
Financials filed via
Form 10-K
filed 2026-03-30

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Tucson, AZ 85713
1992 E. SILVERLAKE RD.
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:13 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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