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MARKETS / NASDAQ / CERS
NASDAQ · SURGICAL & MEDICAL INSTRUMENTS & APPARATUS · MID CAP

Cerus Corp. CERS

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$233.8M
▲ 16.1% YoY
$-15.6M
$1.1M
▼ 87.0% YoY
In brief

What this company does

Cerus Corporation is a biomedical products company that develops and commercializes the INTERCEPT Blood System. The INTERCEPT Blood System, based on the company's proprietary technology for controlling biological replication, is designed to reduce blood-borne pathogens in donated blood components intended for transfusion. The INTERCEPT Blood System is intended for use with platelets, plasma and red blood cells, and to produce INTERCEPT Fibrinogen Complex and pathogen reduced plasma, cryoprecipitate reduced. The company sells the platelet and plasma systems using its direct sales force and through distributors, and sells IFC or disposable kits to manufacture IFC in the U.S. using its direct sales force. As of December 31, 2025, it had 275 employees company-wide. Cerus Corporation was incorporated in California in 1991 and reincorporated in Delaware in 1996.

Written from the business description in CERUS CORP's annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth
USD 233.8M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 233.8 · Net income -15.6
80.0M160.0M-25.0M-50.0M200920112013201520172019202120232025
Compound annual growth
+7.5%
+15.4%
+21.2%
+17.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +15.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−7 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -3.7% · Net -6.7%
-50%-100%-150%200920112013201520172019202120232025
ROE
FY2025 · ROE -26.0%
-50%-100%200920112013201520172019202120232025

Each USD of equity lost 26 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 1.1
4.0M8.0M-25.0M-50.0M200920112013201520172019202120232025

Total assetsUSD 221.9M
EquityUSD 64.2M
CashUSD 20.0M
Gross debtUSD 83.9M
Net debtUSD 63.9M
Current ratio1.73×

Net debt stands at 100% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.20.20.20.20.20.10.10.10.10.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.1−0.1−0.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.1−0.1−0.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.00.00.00.00.00.0−0.00.00.00.00.00.0·
Net income $B−0.0−0.0−0.0−0.0−0.1−0.1−0.1−0.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B0.00.0−0.0−0.0−0.0−0.0−0.1−0.0−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.08−0.11−0.21−0.24−0.32−0.37−0.51−0.44−0.56−0.62−0.61−0.61−0.64−0.33−0.35−0.42−0.69
Dividend / sh $·················
Payout %·················
ROE %−26.0−38.5−62.3−56.2−57.7−74.4−100.6−93.3−125.3−82.5−82.0−91.9−140.0−85.1−80.8−74.9−112.5
Shares out B0.190.190.180.180.170.170.140.140.120.100.100.080.070.060.050.05·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 17 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySurgical & Medical Instruments & Apparatus
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2009

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