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Freenome Reports Third Quarter 2026 Financial Results

Cash, cash equivalents and marketable securities totaled $430.0 million at September 30, 2026.

(Very High)

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Freenome (FRNM) reported third-quarter 2026 revenue of $183.5 million, driven primarily by license revenue following FDA approval of SimpleScreen CRC. Revenue compared with $1.0 million a year earlier; $180.0 million was recognized under the collaboration and license agreement following approval. GAAP net income reached $60.1 million, versus a $64.5 million loss.

FDA approval on July 24 triggered a $100 million milestone payment, and Abbott launched SimpleScreen CRC in the United States on September 30. An updated test study met all primary and secondary endpoints. Freenome entered the public market in July, raising approximately $310 million in gross proceeds, and converted Abbott and Roche notes into shares. Operating cash flow was $38.4 million, versus $42.0 million used a year earlier. Freenome expects 2026 revenue of $192 million to $194 million, with further cancer-test readouts anticipated in December and mid 2027.

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17 points · 3 major

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0 major · 7 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Major pointThird-quarter revenue of $183.5 million compared with $1.0 million in 2025, primarily reflecting approval-related license revenue.
  • Major pointPublic-market entry on July 21, 2026 raised approximately $310 million in gross proceeds. 27% of market cap
  • Major pointSimpleScreen CRC FDA approval on July 24, 2026 triggered a $100 million milestone payment. 8.8% of market cap
  • Moderate pointThird-quarter operating cash flow of $38.4 million compared with $42.0 million used in 2025.
  • Moderate pointLiquidity totaled $430.0 million in cash, cash equivalents and marketable securities at September 30, 2026.
  • Moderate pointAbbott launched SimpleScreen CRC in the United States on September 30, 2026 under the commercial license agreement.
  • Moderate point. Forward-looking: it has not happened yet and may not happen.Freenome expects 2026 total revenue of $192 million to $194 million.
  • Moderate pointAbbott and Roche convertible notes were converted into equity, removing those debt obligations.
9 minor points
  • Minor pointThird-quarter GAAP net income of $60.1 million reversed a $64.5 million loss a year earlier.
  • Minor pointThird-quarter operating income of $69.966 million compared with a $65.258 million loss in 2025.
  • Minor pointThird-quarter free cash flow of $35.7 million compared with negative $44.8 million in 2025.
  • Minor pointThird-quarter adjusted EBITDA of $117.9 million, a non-GAAP earnings measure, compared with negative $56.3 million in 2025.
  • Minor pointUpdated SimpleScreen CRC study met all primary and secondary endpoints, with improved detection of advanced precancerous lesions.
  • Minor pointMultiomics SimpleScreen Lung received FDA Breakthrough Device Designation while remaining in development.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Freenome anticipates two single-cancer readouts in December and its first asymptomatic multi-cancer detection readout in mid 2027.
  • Minor pointNine-month revenue of $189.985 million compared with $2.530 million in 2025.
  • Minor pointNine-month GAAP net loss narrowed to $72.478 million from $181.074 million in 2025.

Negative

  • Moderate pointThird-quarter operating costs and expenses rose to $113.5 million from $66.3 million, primarily reflecting transaction and stock-compensation costs.
  • Moderate pointAbbott note conversion issued approximately 3.4 million shares at $15.00 per share, diluting existing holders.
  • Moderate pointRoche note conversion issued approximately 6.4 million shares at $12.00 per share upon the July 2026 business-combination closing.
  • Minor pointThird-quarter convertible-note remeasurement loss was $11.631 million, compared with none in 2025.
  • Minor pointThird-quarter service and other revenue fell 9% to $942,000 from $1.035 million in 2025.
2 minor points
  • Minor pointNine-month service and other revenue fell 10% to $2.283 million from $2.530 million in 2025.
  • Minor pointNine-month operating costs and expenses increased to $247.471 million from $188.050 million in 2025.

News Explained

Freenome completed the Abbott and Roche note conversions: Abbott’s approximately $50.5 million of principal and accrued interest became approximately 3.4 million shares at $15 each, and Roche’s note became approximately 6.4 million shares at $12; the new shares diluted existing holders’ ownership.

Key Figures

Third-quarter revenue: $183.5 million Revenue recognized under agreement: $180.0 million GAAP net income: $60.1 million +4 more
Third-quarter revenue
$183.5 million
Q3 2026; compared with $1.0 million in Q3 2025
Revenue recognized under agreement
$180.0 million
Q3 2026; recognized following SimpleScreen CRC FDA approval
GAAP net income
$60.1 million
Q3 2026; compared with a $64.5 million GAAP net loss in Q3 2025
Cash, cash equivalents and marketable securities
$430.0 million
As of September 30, 2026
2026 revenue guidance
$192 million to $194 million
Full year 2026
FDA approval milestone
$100 million
Payment triggered by SimpleScreen CRC approval under the collaboration and license agreement
Convertible note conversion
Approximately $50.5 million converted into approximately 3.4 million shares at $15.00 per share
Abbott convertible note principal and accrued interest

Historical Context

2 past events · Latest: Oct 11
2 events
  1. Oct 11

    CRC validation data

    24h Move
    -16.2%

    Updated SimpleScreen CRC results showed improved detection of advanced precancerous lesions.

  2. Jul 27

    FDA approval

    24h Move
    +1.3%

    SimpleScreen CRC approval triggered a $100 million milestone payment under the Abbott agreement.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

convertible note, high-grade dysplasia, laboratory-developed test, cell-free dna
4 terms
convertible note financial
"Completed the conversion of approximately $50.5 million of principal and accrued interest under the Abbott convertible note"
A convertible note is a type of loan that a company gets from investors, which can later be turned into company shares instead of being paid back in cash. It matters because it helps startups raise money quickly without setting a fixed value for the company right away, making it easier to grow and attract investors.
high-grade dysplasia medical
"including lesions with high-grade dysplasia"
High-grade dysplasia is a severe abnormal change in cells of a tissue that looks much closer to cancer than normal cells and carries a high risk of becoming invasive cancer if not treated. For investors, it matters because diagnosis, treatment, or clinical trial results involving high-grade dysplasia can directly affect regulatory decisions, projected medical costs, market demand for therapies, and the commercial outlook for companies developing diagnostics or treatments—much like spotting deep cracks in a building that require urgent repair.
laboratory-developed test technical
"SimpleScreen Lung is a protein-based laboratory-developed screening test"
A laboratory-developed test is a diagnostic test that a single clinical laboratory designs, builds and uses in its own facility rather than buying from an outside manufacturer; think of it as a custom recipe made and run in-house for diagnosing disease. Investors care because these tests can be quicker to bring to market and create a revenue stream for labs, but they also carry regulatory and quality-risk differences that can affect demand, reimbursement and legal exposure.
cell-free dna medical
"analyzes circulating cell-free DNA methylation patterns"
Fragments of DNA that float freely in the bloodstream after being released by dying or damaged cells, like puzzle pieces carried downstream that hint at what’s happening upstream. Investors care because measuring these fragments enables non‑invasive tests — for example to detect cancer, monitor treatment response, check pregnancy health, or spot organ rejection — so advances, approvals, or reimbursement changes can quickly affect companies that develop the tests and related technologies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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– Third-quarter results reflect revenue of $183.5 million driven by the FDA approval of SimpleScreen™ CRC –

– Entered the public market and raised gross proceeds of $310 million –

BRISBANE, Calif., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Freenome, Inc. (NASDAQ: FRNM), a personalized cancer detection company using an AI-driven multiomics platform to optimize single- and multi-cancer blood tests, today reported its financial results for the third quarter ended September 30, 2026, and provided guidance for 2026.

Third Quarter Financial Highlights

  • Total revenue was $183.5 million for the third quarter of 2026, driven primarily by $180.0 million recognized under our collaboration and license agreement following FDA approval of SimpleScreen CRC, compared to $1.0 million for the third quarter of 2025.
  • License and collaboration revenue was $182.5 million, and service and other revenue was $0.9 million for the third quarter of 2026.
  • GAAP net income was $60.1 million for the third quarter of 2026, compared to a GAAP net loss of $64.5 million for the third quarter of 2025.
  • Went public on the Nasdaq Capital Market on July 21, 2026, under the ticker symbol FRNM, having raised approximately $310 million in gross proceeds from top healthcare investors.
  • Cash, cash equivalents and marketable securities totaled $430.0 million as of September 30, 2026.
  • Net cash provided by operating activities was $38.4 million for the third quarter of 2026.
  • Adjusted EBITDA, a non-GAAP financial measure, was $117.9 million for the third quarter of 2026, compared to negative $56.3 million for the corresponding period in 2025. See “Non-GAAP Financial Measures” below.
  • Completed the conversion of approximately $50.5 million of principal and accrued interest under the Abbott convertible note into approximately 3.4 million shares at $15.00 per share. Upon the closing of the business combination in July 2026, the Roche convertible note was converted into approximately 6.4 million shares at $12.00 per share.

Recent Operating Highlights

  • Received FDA approval on July 24, 2026, for SimpleScreen™ CRC, a blood-based screening test for adults 45 and older at average risk for colorectal cancer, triggering a $100 million milestone payment under Freenome’s collaboration and exclusive U.S. commercial license agreement with Exact Sciences (assumed by Abbott after acquisition).
  • Reported topline results from an updated version of SimpleScreen™ CRC. The study met all primary and secondary endpoints and showed improved detection of advanced precancerous lesions, including lesions with high-grade dysplasia.
  • Under the commercial license agreement, the Freenome-developed SimpleScreen™ CRC test was launched by Abbott on September 30, 2026 in the United States.
  • Subsequent to quarter-end in October, expanded the Personalized Cancer Detection (PCD) portfolio with the launch of SimpleScreen™ Lung and the option to add SimpleScreen CRC in a single blood draw, for individuals eligible for both screenings. SimpleScreen Lung is a protein-based laboratory-developed screening test for adults ages 50 to 80 with a significant smoking history who are not currently participating in guideline-recommended screening.
  • Received FDA Breakthrough Device Designation for the multiomics version of the SimpleScreen Lung test that is currently being developed.
  • Advanced development of the AI-powered multiomics discovery platform for the PCD pipeline, with the next two single-cancer readouts anticipated in December and our first asymptomatic multi-cancer detection readout in mid 2027.

“Freenome made meaningful progress in its first quarter as a public company, executing on our strategic partnerships and strengthening our operating foundation,” said Aaron Elliott, Ph.D., CEO of Freenome. “With SimpleScreen CRC approved by the FDA and our lung program advancing, we remain focused on expanding access to blood-based early cancer detection. Looking ahead, we believe the opportunity is substantial as our multiomics AI platform positions us to build a portfolio of single-cancer and multi-cancer tests that has the potential to truly transform how cancer is detected.”

 Three Months Ended
September 30, (Unaudited)
   Nine Months Ended
September 30, (Unaudited)
  
 2026
 2025
 % 2026
 2025
 %
Revenue ($ in thousands)           
License and Collaboration$182,547 $- 100% $187,702 $- 100%
Service and Other$942 $1,035 (9)% $2,283 $2,530 (10)%
Total Revenue$183,489 $1,035 17,628% $189,985 $2,530 7,409%


Third Quarter 2026 Financial Results

For the three months ended September 30, 2026, total revenue was $183.5 million, compared to $1.0 million for the same period in 2025, an increase of $182.5 million. License and Collaboration revenue was $182.5 million, compared to none in 2025. Service and Other revenue was $0.9 million, compared to $1.0 million in 2025.

Total operating costs and expenses were $113.5 million for the third quarter of 2026, compared to $66.3 million for the third quarter of 2025, an increase of $47.2 million that was primarily driven by transaction and stock-based compensation costs related to the closing of the business combination. Research and development expense was $68.4 million and general, and administrative expense was $44.6 million for the third quarter of 2026.

GAAP net income was $60.1 million for the third quarter of 2026, compared to a GAAP net loss of $64.5 million for the corresponding period in 2025. Non-GAAP net income was $114.0 million for the third quarter of 2026, compared to a non-GAAP net loss of $61.4 million for the corresponding period in 2025.

Adjusted EBITDA was $117.9 million for the third quarter of 2026, compared to negative $56.3 million for the corresponding period in 2025.

Net cash provided by operating activities was $38.4 million for the third quarter of 2026, compared to net cash used in operating activities of $42.0 million for the same period in 2025. Free cash flow was $35.7 million for the third quarter of 2026, compared to negative $44.8 million for the same period in 2025. Non-GAAP net income (loss), Adjusted EBITDA and free cash flow are non-GAAP financial measures.

See “Non-GAAP Financial Measures” below for definitions of these measures and the tables following the condensed consolidated financial statements for reconciliations to the most directly comparable GAAP financial measures.

2026 Guidance

Freenome expects full year 2026 total revenue of $192 million to $194 million, reflecting contributions from license and collaboration agreements, research and development services, and early commercial activities.

Webcast and Conference Call Information

Freenome will host a conference call and webcast to discuss its third-quarter 2026 financial results on November 10, 2026, at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Investors interested in listening to the conference call are required to register online. The webcast will be available through the “News & Events” section of Freenome’s investor relations website at investors.freenome.com. A replay will be available following the call.

Non-GAAP Financial Measures

Freenome prepares its financial statements in accordance with U.S. generally accepted accounting principles (GAAP). To supplement its GAAP financial results, this press release also contains certain measures, on a non-GAAP basis. The non-GAAP measures presented in this release are non-GAAP net income (loss), Adjusted EBITDA and free cash flow. These non-GAAP financial measures are not prepared in accordance with, and are not alternative to, GAAP, and should be read only in conjunction with Freenome’s financial statements prepared in accordance with GAAP.

Non-GAAP net income (loss) is adjusted as shown in the reconciliation below. The adjustments include stock-based compensation and amortization of acquisition-related intangible assets. The reconciliation separately identifies the loss on remeasurement of the convertible note. Ordinary depreciation is not excluded from non-GAAP net income (loss).

Adjusted EBITDA is defined as net income (loss) adjusted for interest and investment income, interest expense, other income (expense), net, depreciation and amortization, stock-based compensation, and the convertible-note remeasurement loss, which is presented as a separate adjustment in the reconciliation. We believe Adjusted EBITDA provides supplemental information to help investors evaluate financial performance across periods. The reconciliation of GAAP net income (loss) to Adjusted EBITDA is provided below.

Free cash flow is defined as net cash provided by (used in) operating activities less purchases of property and equipment in the period. Freenome believes free cash flow is a useful supplemental liquidity measure for investors because it reflects the cash generated from (used in) its operations after investment in property and equipment. Free cash flow does not represent the residual cash flow available for discretionary expenditures because it does not deduct all mandatory payments or other contractual obligations, including any required debt principal repayments. Free cash flow should not be considered in isolation from, or as a substitute for, net cash provided by (used in) operating activities, investing activities or financing activities.

Freenome believes non-GAAP net income (loss), when considered with GAAP net income (loss), is useful to investors because it provides a supplemental way to assess period-to-period changes in reported net income by showing the effects of stock-based compensation, acquisition-related intangible amortization and convertible-note remeasurement. Stock-based compensation is recurring and expected to remain a significant cost of our business.

Non-GAAP financial measures are not uniformly defined, and Freenome’s non-GAAP financial measures may be calculated differently from, and therefore may not be comparable to, similarly titled measures reported by other companies.

These non-GAAP financial measures should not be considered in isolation or as substitutes for, or as superior to, the corresponding financial measures prepared in accordance with GAAP. Among other limitations, these financial measures exclude certain expenses, and gains and losses that are required to be recorded by GAAP and therefore do not reflect all costs of Freenome’s business.

Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures, as applicable, are provided in the tables following the condensed consolidated financial statements.

About Freenome

Freenome is an early cancer detection company developing blood-based screening tests to identify cancer in its earliest, most treatable stages. The company’s proprietary AI-driven multiomics discovery platform analyzes circulating cell-free DNA methylation patterns at single-base resolution alongside additional biomarkers to detect multiple cancers. Freenome’s development of FDA-approved SimpleScreen CRC for colorectal cancer screening and a pipeline of tests for lung cancer and additional single- and multi-cancer indications is designed to increase cancer screening participation among millions of at-risk individuals.

Forward-looking statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. These forward-looking statements include, without limitation, statements regarding the anticipated benefits of Freenome’s strategic partnerships, collaboration and license agreements; the design and conduct of clinical trials with Freenome’s product candidates, including expected timelines for clinical data readouts; the commercialization, adoption and potential impact of SimpleScreen CRC; the development, clinical evaluation and regulatory review of SimpleScreen Lung and other tests; ongoing and planned regulatory interactions and Freenome’s beliefs regarding those interactions; the potential benefits of Freenome’s multiomics and artificial intelligence platform; the timing and potential benefits of operating-efficiency initiatives, including the transition of facility-management services; Freenome’s expectations and assumptions regarding the future of its business, including its expectations for full-year 2026 total revenue, expenses, cash use and liquidity; Freenome’s cash runway and the sufficiency of its cash and cash equivalents to fund its operations; and Freenome’s business strategy and prospects.

These statements are based on Freenome’s current views, plans, intentions, expectations, strategies and prospects, which are based on information currently available to Freenome and assumptions it has made. Although Freenome believes these statements are reasonable, it cannot guarantee that its plans, intentions, expectations, strategies or prospects will be attained or achieved. Many actual events and circumstances are beyond the control of Freenome. Actual results may differ materially from those described in these statements because of risks and uncertainties, including risks related to regulatory approval and review timelines; clinical studies and validation; reimbursement and market adoption; competition; partnerships and commercialization; manufacturing, laboratory operations and supply; protection of intellectual property; the ability to attract and retain personnel; the ability to raise additional capital; changes in domestic and foreign business, economic, political and legal conditions; litigation; and the other risks described in documents that Freenome has filed or will file with the Securities and Exchange Commission.

In addition, forward-looking statements reflect Freenome’s expectations, plans, forecasts of future events or views as of the date of this press release and are qualified in their entirety by reference to the cautionary statements herein. Freenome anticipates that subsequent events and developments will cause its assessments to change. These forward-looking statements should not be relied upon as any guarantee, assurance, prediction or definitive statement of fact or probability or as representing Freenome’s assessments as of any date subsequent to the date of this press release. Freenome undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

Contacts

Investor Contact
Gilmartin Group LLC
investor-relations@freenome.com

Media Contact
Ryan Flinn
The Grace Group
ryan@gracegroup.us
media@gracegroup.us


FREENOME, INC.
Condensed Consolidated Statements of Operations (unaudited)
(in thousands, except share and per share amounts)
    
 Three Months Ended September 30, Nine Months Ended September 30,
  2026   2025   2026   2025 
Revenue:       
License and collaboration revenue$182,547  $—  $187,702  $— 
Service and other revenue 942   1,035   2,283   2,530 
Total revenue 183,489   1,035   189,985   2,530 
Operating costs and expenses:       
Cost of services 478   611   1,415   1,494 
Research and development 68,417   50,627   174,804   145,486 
General and administrative 44,628   15,055   71,252   41,070 
Total operating costs and expenses 113,523   66,293   247,471   188,050 
Income (loss) from operations 69,966   (65,258)  (57,486)  (185,520)
Other income (expense), net:       
Interest and investment income 2,969   1,420   5,698   5,137 
Interest expense (1,188)  (644)  (8,951)  (646)
Convertible note remeasurement loss (11,631)  —   (11,731)  — 
Other income (expense), net (6)  13   (8)  (45)
Net income (loss)$60,110  $(64,469) $(72,478) $(181,074)
        
Net income (loss) per share of common stock outstanding       
Basic 0.60   (0.95)  (0.92)  (2.66)
Diluted 0.58   (0.95)  (0.92)  (2.66)
Weighted-average shares outstanding       
Basic 100,174,038   68,016,817   78,885,912   67,998,124 
Diluted 103,221,841   68,016,817   78,885,912   67,998,124 


FREENOME, INC.
Condensed Consolidated Balance Sheets (unaudited)
(in thousands, except shares and par value data)
    
 September 30, 2026 December 31, 2025
Assets   
Current assets:   
Cash and cash equivalents$180,379  $78,558 
Marketable securities 249,593   138,106 
Accounts receivable 8,821   1,307 
Inventory 1,885   — 
Prepaid expenses and other current assets 20,307   8,520 
Total current assets 460,985   226,491 
Property and equipment, net 154,537   155,776 
Operating lease right-of-use assets, net 95,171   97,055 
Intangible assets, net 2,486   3,300 
Goodwill 10,513   10,513 
Other long-term assets 279   4,800 
Restricted cash 9,560   9,118 
Total assets$733,531  $507,053 
Liabilities and Stockholders’ Equity   
Current liabilities:   
Accounts payable$8,279  $6,084 
Accrued compensation and other related benefits 12,466   13,424 
Accrued expenses and other current liabilities 3,689   3,783 
Deferred revenue, current   7,123 
Current portion of lease liabilities 11,765   10,114 
Total current liabilities 36,199   40,528 
Long-term liabilities:   
Lease liabilities, net of current portion 189,894   199,015 
Convertible note, at fair value —   41,600 
Convertible note, related party —   60,895 
Deferred revenue, non-current 24,594   49,138 
Other long-term liabilities 1,515   15,433 
Total liabilities 252,202   406,609 
Commitments and contingencies (Note 13)   
Stockholders’ equity   
Preferred stock, $0.0001 par value – 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2026 and December 31, 2025 —   — 
Common stock, $0.0001 par value – 1,000,000,000 shares authorized; 110,870,300 and 67,944,192 shares issued and outstanding as of September 30, 2026, and December 31, 2025, respectively. 11   7 
Additional paid-in capital 1,901,263   1,447,410 
Accumulated other comprehensive gain (loss) (362)  132 
Accumulated deficit (1,419,583)  (1,347,105)
Total stockholders’ equity 481,329   100,444 
Total liabilities and stockholders’ equity$733,531  $507,053 


FREENOME, INC
Reconciliation of Selected GAAP Measures to Non-GAAP Measures
(Unaudited)
(Amounts in thousands)
    
  Three Months Ended September 30,   Nine Months Ended September 30,
  2026  2025   2026   2025 
GAAP net income (loss) $60,110 $(64,469) $(72,478) $(181,074)
Amortization of intangible assets 271  272   815   800 
Stock-based compensation expense 41,944  2,831   47,581   7,845 
Convertible note remeasurement loss 11,631  —   11,731   — 
Non-GAAP net income (loss) $113,956 $(61,366) $(12,351) $(172,429)


FREENOME, INC
U.S. GAAP to Non-GAAP Reconciliation
Adjusted EBITDA
(Unaudited)
(Amounts in thousands)
    
  Three Months Ended September 30,   Nine Months Ended September 30,
  2026   2025   2026   2025 
GAAP net income (loss) $60,110  $(64,469) $(72,478) $(181,074)
Interest and investment income (2,969)  (1,420)  (5,698)  (5,137)
Interest expense 1,188   644   8,951   646 
Other income (expense), net 6   (13)  8   45 
Convertible note remeasurement loss 11,631   —   11,731   — 
Amortization of intangible assets 271   272   815   800 
Depreciation 5,715   5,852   17,481   17,338 
Stock-based compensation expense 41,944   2,831   47,581   7,845 
Adjusted EBITDA $117,896  $(56,303) $8,391  $(159,537)


FREENOME, INC.
U.S. GAAP to Non-GAAP Reconciliation
Operating Cash Flow to Free Cash Flow
(Unaudited)
(Amounts in thousands)
    
 Three Months Ended September 30, Nine Months Ended September 30,
  2026   2025   2026   2025 
Net cash provided by (used in) operating activities$38,414  $(42,036) $(58,696) $(141,682)
Purchases of property and equipment (2,760)  (2,785)  (15,248)  (20,349)
Free cash flow$35,654  $(44,821) $(73,944) $(162,031)



FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did Freenome's third-quarter 2026 revenue increase?

Freenome recognized $180.0 million under its collaboration and license agreement following FDA approval of SimpleScreen CRC. Total third-quarter revenue was $183.5 million, compared with $1.0 million in the corresponding 2025 quarter.

What is Freenome's full-year 2026 revenue guidance?

Freenome expects 2026 total revenue of $192 million to $194 million. The outlook reflects contributions from license and collaboration agreements, research and development services, and early commercial activities.

Who is eligible for Freenome's FDA-approved SimpleScreen CRC test?

SimpleScreen CRC is FDA-approved for adults 45 and older at average risk for colorectal cancer. It is a blood-based screening test, launched in the United States by Abbott under the commercial license agreement.

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