Senseonics Holdings, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, submitted November 9, 2026, disclosing a sharp rise in total revenue alongside a significantly wider net loss for the nine-month period.

Key Highlights

  • Total revenue more than doubled year over year: Senseonics reported total revenue of $45,756 thousand for the nine months ended September 30, 2026, compared to $21,001 thousand for the same period in 2025, according to the filing.
  • Net loss widened substantially: The company reported a net loss of $101,715 thousand for the nine months ended September 30, 2026, versus a net loss of $48,290 thousand for the nine months ended September 30, 2025.
  • Q3 2026 revenue reached $19,561 thousand: Third-quarter total revenue was $19,561 thousand, more than double the $8,095 thousand reported in Q3 2025.
  • Operating loss grew to $99,690 thousand: The nine-month operating loss was $99,690 thousand, compared to $47,412 thousand in the prior-year period, driven by higher selling, general and administrative expenses of $95,341 thousand versus $32,733 thousand.
  • Total assets increased to $162,507 thousand: As of September 30, 2026, total assets were $162,507 thousand, up from $126,269 thousand at December 31, 2025.
  • Shares outstanding grew: Common shares issued and outstanding increased to 54,775,503 as of September 30, 2026, from 41,265,778 as of December 31, 2025, with authorized shares doubled to 140,000,000.
  • Basic and diluted net loss per share: The basic and diluted net loss per common share was $(1.80) for the nine months ended September 30, 2026, versus $(1.19) for the same period in 2025.

Senseonics Revenue and Loss Trends Through September 30, 2026

According to the filing, Senseonics Holdings (NASDAQ:SENS) reported total revenue of $45,756 thousand for the nine months ended September 30, 2026, compared to $21,001 thousand for the nine months ended September 30, 2025. For the third quarter alone, total revenue was $19,561 thousand, up from $8,095 thousand in Q3 2025. Revenue from related parties contributed $4,398 thousand of the nine-month total, down from $11,766 thousand in the prior-year period, while non-related-party revenue rose to $41,358 thousand from $9,235 thousand.

The company's gross profit for the nine months ended September 30, 2026 was $27,568 thousand, compared to $8,094 thousand in the same period of 2025. However, the filing shows that selling, general and administrative expenses reached $95,341 thousand for the nine-month period, up from $32,733 thousand a year earlier, and research and development expenses grew to $31,917 thousand from $22,773 thousand. These increases drove an operating loss of $99,690 thousand for the nine months ended September 30, 2026, compared to an operating loss of $47,412 thousand in the prior-year period.

The condensed consolidated balance sheet as of September 30, 2026 showed cash and cash equivalents of $47,759 thousand and short-term investments of $78,544 thousand. Long-term debt and notes payable, net, stood at $54,204 thousand, up from $35,586 thousand at December 31, 2025. The accumulated deficit reached $1,118,702 thousand as of September 30, 2026, compared to $1,016,987 thousand at December 31, 2025. Total stockholders' equity was $77,621 thousand at September 30, 2026, versus $61,046 thousand at year-end 2025.

What Was Disclosed

Senseonics Holdings filed its unaudited quarterly report covering the three and nine months ended September 30, 2026, disclosing revenue growth, a wider net loss, higher operating expenses, an increased share count, and changes in balance sheet composition relative to December 31, 2025.