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Procept Biorobotics PRCT · USD

Health Care · US listing · 🇺🇸 United States

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22.37

+8.49%

Close of 9 Nov 2026, in USD

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About Procept Biorobotics

From its filings with the US Securities and Exchange Commission

SEC filings

Procept Biorobotics is based in San Jose, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker PRCT. The SEC classifies its business as surgical & medical instruments & apparatus. In the fiscal year to 31 December 2025, it reported revenue of $308.1m and a net loss of $95.6m. At that date it held total assets of $508.1m and shareholders' equity of $365.9m. By region, U.S. accounted for 87.8%, followed by Non-US at 12.2%.

In its own words

We are a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. We develop, manufacture and sell the AquaBeam Robotic System and HYDROS Robotic System, which are advanced, image-guided, surgical robotic systems for use in minimally invasive urologic surgery, with an initial focus on treating benign prostatic hyperplasia, or BPH. BPH is the most common prostate disease and impacts approximately 40 million men in the United States. Each of our robotic systems employs a single-use disposable handpiece to deliver our proprietary Aquablation therapy, which combines real-time, multi-dimensional imaging, personalized treatment planning, automated robotics and heat-free waterjet ablation for targeted and rapid removal of prostate tissue. We designed our robotic systems to enable consistent and reproducible BPH surgery outcomes. We believe that Aquablation therapy represents a paradigm shift in the surgical treatment of BPH by addressing compromises associated with alternative surgical interventions. We designed Aquablation therapy to deliver effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, or LUTS, due to BPH that is independent of prostate size and shape, and delivers resection independent of surgeon experience. We have developed a significant and growing body of clinical evidence, which includes nine clinical studies and over 150 peer-reviewed publications, supporting the benefits and clinical advantages of Aquablation therapy.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Health Care Equipment & Supplies
Listed since
15 Sept 2021
Employees
888
Head office
150 BAYTECH DRIVE, SAN JOSE, CA, 95134
Incorporated in
DE
Classification
Surgical & Medical Instruments & Apparatus
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Thomas PrescottIndependent Chairman of the Board$355,616
  • Mr. Larry WoodPresident, Chief Executive Officer, Director, since 2024$537,421
  • Mr. Kevin WatersExecutive Vice President, Chief Financial Officer$2.2m
  • Ms. Alaleh NouriExecutive Vice President, Chief Legal Officer, Corporate Secretary$2.7m
  • Mr. Hisham ShiblaqExecutive Vice President, Chief Commercial Officer$3.6m
  • Mr. Antal DesaiIndependent Director$243,887
  • Ms. Amy DodrillIndependent Director$248,887
  • Ms. Mary GarrettIndependent Director$241,387
  • Mr. Taylor HarrisIndependent Director$251,387
  • Dr. Frederic MollIndependent Director$255,966
  • Ms. Elisabeth Sandoval LittleIndependent Director$250,316

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
50
Environment
27
Social
68
Governance
56
Women in the workforce
41%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • PROCEPT BioRobotics Corp possesses several strengths that contribute to its success in the market. These strengths include:

Weaknesses

  • Despite its strengths, PROCEPT BioRobotics Corp faces certain weaknesses that may pose challenges to its growth and market position. These weaknesses include:

Opportunities

  • PROCEPT BioRobotics Corp can take advantage of various opportunities to enhance its market presence and expand its operations. These opportunities include:

Threats

  • Several threats exist that may impact the success and growth of PROCEPT BioRobotics Corp. These threats include:

Sources and methodology

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