SOPHiA GENETICS revenue rises 25% to $24.3 million

Nov 3, 2026
SOPHiA GENETICS reported $24.3 million in third quarter revenue, while its adjusted EBITDA loss narrowed to $6.1 million.

SOPHiA GENETICS reported in its third quarter earnings release that revenue rose 25% from a year earlier to $24.3 million. Its net loss increased 1% to $20.3 million, while its adjusted EBITDA loss narrowed 31% to $6.1 million.

The company processed a record 118,000 analyses on its SOPHiA DDM platform, up 19% from the prior year. It ended the quarter with 551 core genomics customers and signed 30 new customers that it expects to begin generating revenue over the next 12 months.

SOPHiA GENETICS also signed a multimodal AI project to develop a predictor for identifying bladder cancer patients likely to benefit from a targeted therapy. It expects full year 2026 revenue to reach the upper end of its previous $94 million to $96 million guidance and forecasts an adjusted EBITDA loss of $29 million to $32 million.

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