What are the trends in the company's gross margin and operating expenses, especially R&D and SG&A? | PROF (Aug 14, 2025) | Candlesense

What are the trends in the company's gross margin and operating expenses, especially R&D and SG&A?

Trend Overview (based on the Q2‑2025 release)

The press release does not disclose the exact gross‑margin percentage, but the commentary highlights that “revenue growth outpaced cost increases,” which typically translates into a higher or stable gross margin versus the prior quarter. On the expense side, Profound Medical specifically calls out increased investment in R&D and SG&A to support the rollout of its AI‑powered, incision‑free platform and expanding sales infrastructure. This signals R&D and SG&A expenses rising relative to the prior quarter, but the company notes that the additional spend is “strategic and disciplined,” suggesting that the cost increase is being offset by revenue acceleration.

Trading Implications

If the implied trend holds—improving gross margins paired with controlled, growth‑oriented expense growth— it supports a bullish short‑to‑mid‑term outlook. The incremental R&D and SG&A spend, while diluting short‑term profit, can be viewed as a catalyst for future market share gains and higher pricing power as the product line gains traction. Traders should monitor the upcoming earnings call for confirmation of margin expansion and the magnitude of expense growth. A beat on gross margin and manageable expense growth could push the stock toward its upper Bollinger Band, offering a potential entry point on pull‑backs; conversely, any miss on margin targets or excessive SG&A could trigger a corrective move toward the lower band, suggesting a more cautious stance. Keep an eye on the next guidance release—particularly any guidance on R&D spend relative to revenue—since it will dictate whether the current cost‑growth trajectory is sustainable or if a tighter cost discipline will become necessary.