Senseonics Posts 60% Revenue Surge, but Q4 Loss Widens to $20.8M
Senseonics achieved 60% year-over-year revenue growth to over $35 million in 2025 while improving gross margins to above 50% by year-end. However, net loss widened to $20.8 million in Q4 2025 and 2026 operating expenses are forecast at $150–160 million with cash burn of $110–120 million.
1. Strong 2025 Revenue Growth
Senseonics delivered 60% year-over-year revenue growth to over $35 million in 2025, driven by Eversense 365 approvals in the US and EU and full transition of commercial activities from Ascensia back to Senseonics.
2. Profitability and Margin Trends
Despite expanding gross margins to over 50% by year-end, Q4 net loss widened to $20.8 million, reflecting increased sales commissions and transition costs associated with commercial realignment.
3. 2026 Financial Outlook
The company forecasts operating expenses of $150–160 million and cash utilization of $110–120 million in 2026, expects back-half loaded revenue, and anticipates Europe and Twist system contributions of roughly 20% of total revenue.