CBLL Ceribell, Inc. - 10-Q - (2025-11-04)

CeriBell, Inc. (CBLL) reported Q3 FY2025 results characterized by robust top-line growth offset by significantly increased operating expenditures, leading to widening net losses.

Financial Performance & Profitability: Total Revenue surged 37% YoY to $64.3M for the nine months ended September 30, 2025, driven by 35% product revenue growth and 43% subscription revenue growth. Gross Margin remained strong at 88%. However, operating expenses increased 49% to $100.4M due to significant headcount expansion in Sales & Marketing (up 60%) and R&D (up 46%). Consequently, the 9-month Net Loss wide

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