Seer, Inc.

For the period ended Dec 31, 2025. Filed Mar 2, 2026.

About this filing

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 Mar 2, 2026

SEER$1.61-4.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Loss

(in thousands, except share and per share amounts)

	Year Ended December 31,
	2025	2024
Revenue:
Product	$11,207	$8,695
Service	4,151	2,960
Related party	761	2,292
Other	459	223
Total revenue	16,578	14,170
Cost of revenue:
Product	5,336	4,402
Service	1,531	1,465
Related party	224	712
Other	1,022	536
Total cost of revenue	8,113	7,115
Gross profit	8,465	7,055
Operating expenses:
Research and development	43,874	50,585
Selling, general and administrative	42,583	56,571
Total operating expenses	86,457	107,156
Loss from operations	(77,992)	(100,101)
Other income (expense):
Interest income	11,522	16,666
Loss on equity method investment	(5,919)	(2,649)
Other expense	(1,010)	(417)
Total other income	4,593	13,600
Loss before provision for income taxes	(73,399)	(86,501)
Provision for income taxes	201	98
Net loss	$(73,600)	$(86,599)
Other comprehensive loss:
Unrealized gain on available-for-sale securities	323	328
Comprehensive loss	$(73,277)	$(86,271)
Net loss per share attributable to Class A and Class B common stockholders, basic and diluted	$(1.28)	$(1.39)
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic and diluted	57,447,580	62,348,012

ContentsView on SEC.gov

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