CERUS CORP

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

CERS$2.07+2.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except per share amounts)

	Year Ended December 31,
	2025	2024	2023
Product revenue	$206,133	$180,270	$156,367
Cost of product revenue	93,845	80,748	69,967
Gross profit on product revenue	112,288	99,522	86,400
Government contract revenue	27,665	21,051	30,430
Operating expenses:
Research and development	67,720	58,907	67,639
Selling, general and administrative	80,914	75,891	75,516
Restructuring	—	—	3,728
Total operating expenses	148,634	134,798	146,883
Loss from operations	(8,681)	(14,225)	(30,053)
Non-operating expense, net:
Foreign exchange (loss) gain	(1,275)	370	(648)
Interest expense	(8,343)	(8,877)	(8,386)
Other income, net	3,016	1,976	1,765
Total non-operating expense, net	(6,602)	(6,531)	(7,269)
Loss before income taxes	(15,283)	(20,756)	(37,322)
Provision for income taxes	354	205	325
Net loss	(15,637)	(20,961)	(37,647)
Net loss attributable to noncontrolling interest	(10)	(43)	(158)
Net loss attributable to Cerus Corporation	$(15,627)	$(20,918)	$(37,489)
Net loss per share attributable to Cerus Corporation
Basic and diluted	$(0.08)	$(0.11)	$(0.21)
Weighted average shares outstanding:
Basic and diluted	190,594	184,563	180,270

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.