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    Cerus Corporation (CERS)

    Official site

    HEALTHCARE • MEDICAL DEVICES • NASDAQ

    $2.26
    +0.02 (+0.89%)

    Market Cap: $451.42M

    Last updated: Oct 16, 2026 at 1:54 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    69%(27/39)
    Avg Surprise
    +5.79%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$-0.01
    Range$-0.02 - $-0.01
    2 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate DriftChange to current
    90d ago$-0.01-50.0%
    60d ago$-0.01-50.0%
    30d ago$-0.01-50.0%
    7d ago$-0.010.0%
    Current$-0.01
    Revenue Consensus
    $61M
    Range$58M - $63M
    3 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.01
    Range$0.01 - $0.02
    2 analysts
    Revenue Consensus
    $80M
    Range$61M - $87M
    4 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.01---
    Sep 26EST
    -$-0.01---
    Jun 26
    Reported Jul 30
    $-0.01$-0.01+0.00%Beat+66.7%
    Mar 26
    Reported Apr 30
    $-0.01N/A+75.00%Beat+75.0%
    Dec 25
    Reported Mar 2
    $-0.01$-0.01-33.33%Miss+0.0%
    Sep 25
    Reported Nov 6
    $-0.00N/A+99.50%Beat+99.5%
    Jun 25
    Reported Aug 5
    $-0.03$-0.02-50.00%Miss+0.0%
    Mar 25
    Reported May 1
    $-0.04$-0.05+20.00%Beat+20.0%
    Dec 24
    Reported Feb 20
    $-0.01$-0.01+0.00%Beat+0.0%
    Sep 24
    Reported Oct 30
    $-0.02$-0.03+33.33%Beat+33.3%
    Jun 24
    Reported Aug 1
    $-0.03$-0.04+25.00%Beat+50.0%
    Mar 24
    Reported May 2
    $-0.05$-0.04-25.00%Miss+44.4%
    Dec 23
    Reported Mar 5
    $-0.01$-0.02+50.00%Beat+87.5%
    Sep 23
    Reported Nov 2
    $-0.03$-0.05+40.00%Beat+40.0%
    Jun 23
    Reported Aug 2
    $-0.06$-0.06+0.00%Beat+0.0%
    Mar 23
    Reported May 4
    $-0.09$-0.07-28.57%Miss-28.6%
    Dec 22
    Reported Feb 28
    $-0.08$-0.05-60.00%Miss-60.0%
    Sep 22
    Reported Nov 3
    $-0.05$-0.05+0.00%Beat+28.6%
    Jun 22
    Reported Aug 4
    $-0.06$-0.06+0.00%Beat+33.3%
    Mar 22
    Reported May 5
    $-0.07$-0.08+12.50%Beat+30.0%
    Dec 21
    Reported Feb 22
    $-0.05$-0.08+37.50%Beat+44.4%
    Sep 21
    Reported Nov 2
    $-0.07$-0.10+30.00%Beat+12.5%
    Jun 21
    Reported Aug 3
    $-0.09$-0.09+0.00%Beat+0.0%
    Mar 21
    Reported May 4
    $-0.10$-0.09-11.11%Miss+0.0%
    Dec 20
    Reported Feb 25
    $-0.09$-0.09+0.00%Beat+25.0%
    Sep 20
    Reported Oct 29
    $-0.08$-0.10+20.00%Beat+38.5%
    Jun 20
    Reported Aug 4
    $-0.09$-0.10+10.00%Beat+30.8%
    Mar 20
    Reported May 5
    $-0.10$-0.10+0.00%Beat+28.6%
    Dec 19
    Reported Feb 20
    $-0.12$-0.12+0.00%Beat+0.0%
    Sep 19
    Reported Oct 30
    $-0.13$-0.12-8.33%Miss-18.2%
    Jun 19
    Reported Aug 1
    $-0.13$-0.12-8.33%Miss-30.0%
    Mar 19
    Reported May 7
    $-0.14$-0.11-27.27%Miss-27.3%
    Dec 18
    Reported Feb 26
    $-0.12$-0.11-9.09%Miss-20.0%
    Sep 18
    Reported Nov 1
    $-0.11$-0.10-10.00%Miss+8.3%
    Jun 18
    Reported Aug 2
    $-0.10$-0.11+9.09%Beat+37.5%
    Mar 18
    Reported May 8
    $-0.11$-0.11+0.00%Beat+38.9%
    Dec 17
    Reported Mar 8
    $-0.10$-0.11+9.09%Beat+23.1%
    Sep 17
    Reported Nov 2
    $-0.12$-0.16+25.00%Beat-
    Jun 17
    Reported Aug 3
    $-0.16$-0.16+0.00%Beat-
    Mar 17
    Reported May 3
    $-0.18$-0.16-12.50%Miss-
    Dec 16
    Reported Mar 7
    $-0.13$-0.15+13.33%Beat-

    Key Metrics

    Valuation
    P/E Ratio-75.08EV/EBITDA172.01x
    Price/FCF-247.83xFCF Yield-0.40%
    Profitability
    Profit Margin-3.06%Operating Margin-3.24%
    ROE-10.80%ROIC0.91%
    Financial Health
    Debt/Equity0.93xInterest Coverage0.16x
    Current Ratio1.83xQuick Ratio1.07x
    Trading Statistics
    Beta1.83Avg Volume2.01M
    52-Week High$3.4752-Week Low$1.38

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$2.29
    SMA 20$2.41
    SMA 50$2.55
    SMA 200$2.44
    EMA 10$2.30
    EMA 20$2.37
    EMA 50$2.50
    EMA 200$2.39

    MACD

    Line: -0.09Signal: -0.09Hist: -0.01

    ADX

    ADX: 25.6+DI: 14.9-DI: 27.4

    Aroon & PSAR

    Aroon Up32.0
    Aroon Down80.0
    PSAR$2.33

    Bollinger Bands

    Upper Band$2.72
    Lower Band$2.10
    %B Position2551%(Upper)
    Band Width0.26

    RSI (14-Day)

    Neutral
    36.0

    Momentum Oscillators

    Stoch %K13.0
    Stoch %D13.6
    Williams %R-84.6
    ROC (10d)-2.6%
    Momentum-0.06
    CCI (20d)-77.3
    MFI (14d)34.6

    Volatility Measures

    ATR (14d)$0.09(4.2%)
    StdDev (20d)0.15
    Hist Vol37.8%(Moderate)

    Volume Flow

    VWAP$2.25
    OBV64.9M
    AD Line-972.1K
    CMF (20d)0.131

    Volume Metrics

    Avg Vol (20d)2.0M
    Vol Ratio1.1x
    VWMA (20d)$2.43

    Pivot Points

    R3$2.31
    R2$2.28
    R1$2.26
    Pivot Point$2.23
    S1$2.21
    S2$2.19
    S3$2.17

    Advanced Oscillators

    TSI-26.08
    Ultimate Osc48.4
    KST-123.09

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$57.44M$53.66M$64.58M$60.24M$52.45M$43.24M$56.75M$50.66M$50.52M$43.40M$53.34M$47.25M
    Cost of Revenue$27.91M$25.77M$28.00M$24.56M$23.47M$17.82M$23.42M$19.82M$20.41M$17.09M$20.81M$17.96M
    Gross Profit$29.53M$27.89M$29.75M$28.14M$28.98M$25.42M$27.39M$26.20M$24.67M$21.27M$25.96M$21.82M
    Operating Expenses$31.39M$28.25M$37.22M$34.44M$32.40M$31.28M$34.78M$31.80M$33.94M$34.28M$31.56M$34.54M
    R&D$14.39M$14.53M$16.39M$15.82M$18.90M$16.61M$15.44M$14.01M$14.97M$14.48M$14.29M$16.78M
    SG&A$22.86M$19.95M$20.83M$18.62M$21.18M$20.29M$19.33M$17.79M$18.97M$19.80M$17.27M$16.16M
    Operating Income$-1,858,000$-354,000$-641,000$1.24M$-3,423,000$-5,853,000$-1,449,000$-961,000$-3,836,000$-7,979,000$976,000$-5,243,000
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$1.71M$1.87M$1.96M$2.12M$2.15M$2.11M$2.05M$2.26M$2.33M$2.23M$2.23M$2.36M
    Income Before Tax$-2,887,000$-1,557,000$-2,065,000$65,000$-5,639,000$-7,644,000$-2,451,000$-2,858,000$-5,831,000$-9,616,000$-1,317,000$-7,208,000
    Income Tax Expense$95,000$91,000$119,000$85,000$76,000$74,000$111,000$76,000$-56,000$74,000$72,000$78,000
    Net Income$-2,982,000$-1,648,000$-2,184,000$-20,000$-5,715,000$-7,718,000$-2,562,000$-2,934,000$-5,775,000$-9,690,000$-1,389,000$-7,286,000
    EBITDA$-712,000$762,000$292,000$2.57M$-3,145,000$-5,227,000$-66,000$-186,000$-3,021,000$-6,751,000$1.56M$-4,167,000
    EBIT$-1,173,000$315,000$-101,000$2.18M$-3,489,000$-5,534,000$-398,000$-598,000$-3,501,000$-7,382,000$912,000$-4,844,000
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $33.70M
    Gov Obligations / Revenue
    15.2%
    Obligations YoY
    3.3%
    Active Awards
    13
    New Awards (TTM)
    3
    Avg Remaining Term
    21.9 mo

    Top agency: Department of Health and Human Services at 98.8% of trailing twelve month obligations across 2 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    75N98026P00071Department of Health and Human ServicesNational Institutes of Health$225336Mar 9, 2026
    75N90025P00719Department of Health and Human ServicesNational Institutes of Health$115899Sep 12, 2025
    W81K0225PA067Department of DefenseDefense Health Agency$71596Oct 1, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    CERS Valuation and Fair Value

    P/E
    -75.1x
    EV/EBITDA
    172.0x
    P/FCF
    -247.8x
    PEG
    0.0x
    P/B
    6.5x
    See GNG's fair value

    CERS Profitability: Margins, ROIC and FCF

    Gross margin
    48.9%
    Operating margin
    -3.2%
    Net margin
    -3.1%
    ROIC
    0.9%
    ROE
    -10.8%
    FCF margin
    -0.8%
    FCF yield
    -0.4%

    CERS Analyst Ratings

    Consensus
    Buy
    Analysts
    3
    Strong Buy
    0
    Buy
    3
    Hold
    0
    Sell
    0
    Strong Sell
    0

    CERS Bull Case vs Bear Case

    Bear case

    • CERS has a -3.1% net profit margin.

    CERS Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    18.1%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $-0.01
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 0 down

    Frequently Asked Questions About CERS

    Does CERS pay dividends?

    Cerus Corporation (CERS) does not currently pay a regular dividend.

    What is CERS's market cap?

    Cerus Corporation (CERS) has a market capitalization of $451.42M with a current stock price of $2.26.

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