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Burning Rock reports Q1 2026 revenue decline of 18.9% amid shift to in-hospital testing, with a net loss of RMB17.5M.

Company Fundamentals
09 Jun 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Burning Rock Biotech Limited reported Q1 2026 revenues of RMB107.9 million, down 18.9% year-over-year, mainly due to fewer tests in its central lab and pharma R&D segments, and a one-off issue at two hospitals affecting in-hospital revenue. Despite the revenue drop, the company improved gross margin in its central lab business but saw declines in other segments. Operating expenses fell 14%, driven by cost controls, but the company still posted a net loss of RMB17.5 million. Cash reserves remain strong at RMB448.7 million. The company continues advancing its precision oncology technology and clinical validation efforts.

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