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Personalis, Inc.

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

PSNL$15.95+1.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Segment and Geographic Information

Note 10. Segment and Geographic Information

The Company operates inone reportable segment, which is to provide advanced cancer genomic testing services for precision oncology and personalized testing. The Company develops, markets, and sells testing services to pharmaceutical companies, biopharmaceutical companies, diagnostic companies, universities, non-profits, government entities and cancer patients. It derives revenue primarily in the United States from the sale of genomic testing services and manages its business activities on a consolidated basis. The Company does not have intra-entity sales or transfers. The Company’s CODM is its CEO, who reviews consolidated operating results, accompanied by disaggregated information about net revenues by customer types, as presented below, to make decisions about allocating resources and assessing performance for the entire Company.

Consolidated net loss is used to monitor actual performance compared to plans and forecasts. The CODM assesses performance based on revenue growth which is reported on the consolidated statements of operations. The accounting policies of the segment are the same as those described in the summary of significant accounting policies. The measure of segment assets is reported on the consolidated balance sheet as total assets. Substantially all of the Company’s long-lived assets are located in the United States.

The Company attributes revenues to geographic region based on the billing addresses of customers. The following table presents net revenues by geographic region:

Year ended December 31,
20252024
United States90%96%
Others10%4%

The following table provides information about reported segment revenue, segment loss, and significant segment expenses (in thousands):

Year ended December 31,
20252024
Revenue$69,648$84,614
Less:
Payroll and related costs69,99566,910
Lab supplies and outside services14,20912,029
Facility costs9,93410,132
Professional services11,2489,079
Repairs and maintenance8,8088,210
Change in fair value of the Tempus Warrants—18,274
Depreciation and amortization9,78710,941
Other segment items(a)34,09235,833
Interest income(7,155)(5,510)
Segment and consolidated net loss$(81,270)$(81,284)

(a)Other segment items included in segment net loss include materials cost related to cost of revenue, marketing expenses, office expenses, foreign currency exchange gain and losses, and other overhead expenses.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.