6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 90.8% per year over the past 5 years.
Operating margin has expanded, at -470.5% in the latest year.
Financial health
The company is unprofitable; at its current free-cash-flow burn it has roughly 1.0 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$17M
-$74M
51.1%
-470.5%
-$46M
—
$47M
2024
$14M
-$87M
49.8%
-706.4%
-$50M
—
$41M
2023
$17M
-$86M
51.1%
-621.0%
-$66M
—
$32M
2022
$15M
-$93M
45.8%
-627.6%
-$71M
—
$53M
2021
$7M
-$71M
51.6%
-1080.1%
-$53M
—
$233M
2020
$656000
-$33M
100.0%
-5129.4%
-$25M
—
$334M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3M
-$17M
35.2%
-617.8%
-$16M
—
$47M
Dec '25
$4M
-$16M
52.0%
-413.8%
-$11M
—
$47M
Sep '25
$4M
-$18M
51.2%
-469.4%
-$8M
—
$45M
Jun '25
$4M
-$19M
52.1%
-506.8%
-$15M
—
$38M
Mar '25
$4M
-$20M
49.0%
-493.0%
-$12M
—
$52M
Dec '24
$4M
-$22M
50.6%
-587.2%
-$11M
—
$41M
Sep '24
$4M
-$21M
48.1%
-603.3%
-$16M
—
$38M
Jun '24
$3M
-$23M
56.3%
-882.0%
-$11M
—
$32M
Mar '24
$3M
-$21M
44.4%
-821.7%
-$11M
—
$54M
Dec '23
$4M
-$18M
45.1%
-500.9%
-$12M
—
$32M
Sep '23
$4M
-$21M
51.8%
-621.0%
-$19M
—
$36M
Jun '23
$4M
-$23M
56.9%
-697.1%
-$16M
—
$56M
Mar '23
$4M
-$24M
51.0%
-677.2%
-$19M
—
$48M
Dec '22
$5M
-$23M
49.8%
-541.8%
-$19M
—
$53M
Sep '22
$4M
-$24M
49.2%
-633.8%
-$16M
—
$68M
Jun '22
$4M
-$23M
44.4%
-647.2%
-$16M
—
$79M
Mar '22
$3M
-$24M
37.6%
-718.2%
-$20M
—
$225M
Dec '21
$3M
-$20M
46.7%
-648.2%
-$14M
—
$233M
Sep '21
$2M
-$18M
54.2%
-855.3%
-$11M
—
$331M
Jun '21
$1M
-$17M
56.1%
-1249.7%
-$12M
—
$371M
Valuation over time
How the market has priced SEER against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 13.7× (Mar '23) to 5.8× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is SEER growing its revenue and profit?
Over the past 5 years, Seer, Inc.'s revenue has grown 90.8% per year. These are computed facts, not advice.
How much debt does SEER have?
As of FY2025, Seer, Inc. reported — of total debt against $47M of cash.
What is SEER's profit margin?
In FY2025, gross margin was 51.1%, operating margin -470.5%, and net margin -444.0%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.