T2 Biosystems reported a net loss of $50.1M in fiscal year 2023. This represents an increase of 19.2% from the prior fiscal year. Over the trailing 12 months, Q4 FY2023 through Q3 FY2024, the same line adds up to a $43.0M net loss. The table below carries 12 fiscal years, from 2012 to 2023, and the quarters T2 Biosystems has filed alongside them.
Annual figures, oldest first. Point at a bar to read its period.
TTOO Net Income by Fiscal Year
Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.
TTM is the trailing twelve months, Q4 FY2023 through Q3 FY2024, summed from the four most recent quarterly filings.
TTOO Net Income by Quarter
Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.
What net income means
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line.
More T2 Biosystems financials
Frequently Asked Questions
What was T2 Biosystems's net income in fiscal year 2023?
T2 Biosystems reported a net loss of $50.1M in fiscal year 2023.
How fast is T2 Biosystems's net income growing?
T2 Biosystems (TTOO) net income rose by 19.2% year over year, from -$62.0M to -$50.1M in fiscal year 2023.
What is T2 Biosystems's net income over the last twelve months?
T2 Biosystems (TTOO) reported a $43.0M net loss over the trailing 12 months, Q4 FY2023 through Q3 FY2024, summed from the four most recent quarterly filings.
How has T2 Biosystems's net income changed over the years?
Across the 12 fiscal years this page covers, T2 Biosystems (TTOO) net income went from -$14.5M in fiscal year 2012 to -$50.1M in fiscal year 2023.
What was T2 Biosystems's net income in the most recent quarter?
T2 Biosystems (TTOO) reported -$10.1M in net income in Q3 2024. This represents an increase of 34.4% from the same quarter a year earlier.
What does net income mean on a financial statement?
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line. This page lists what T2 Biosystems (TTOO) reported on that line in every period on record.