How does the Q2 2025 cash burn and cash runway compare to prior quarters and what is the updated cash runway outlook?
Answer
The press‑release you referenced (the Personalis Q2 2025 earnings announcement) focuses on the company’s clinical‑adoption momentum – 3,478 clinical tests in the quarter, a 59 % sequential increase over Q1 2025 – but it does not include the specific cash‑burn or cash‑runway figures for Q2 2025 (or for any prior quarter).
Because those numbers are not disclosed in the excerpt you provided, I can’t give you a precise, side‑by‑side comparison of:
| Metric | Q1 2025 | Q2 2025 (reported) | Prior quarters (e.g., Q4 2024) |
|---|---|---|---|
| Cash burn (‑$ million) | – | – | – |
| Cash runway (months) | – | – | – |
What this means for the “updated cash‑runway outlook”
- No quantitative update is available in the material you shared, so we can’t state whether the runway has been extended, held steady, or shortened relative to earlier guidance.
- The only operational indicator that is provided is the sharp rise in test volume (‑59 % sequential growth). In Personalis’ historical disclosures, higher test volumes typically translate into higher revenue and can moderate cash‑burn if the incremental cost of delivering those tests is proportionally lower than the incremental revenue. However, without the actual cash‑burn numbers, we can’t confirm whether the net effect has been a reduction in cash‑burn or simply a larger absolute cash‑burn driven by accelerated growth activities (e.g., expanded sales, marketing, or R&D spend).
How you can obtain the missing details
- Read the full press‑release – The complete earnings release (usually posted on Personalis’ investor‑relations website or on Business Wire) includes a “Financial Highlights” or “Liquidity” section that lists cash‑burn for the quarter and the company’s cash‑runway estimate (often expressed in months of operating cash remaining at current burn rate).
- Check the SEC filings – The Form 10‑Q for the quarter ending June 30 2025 will contain a “Management’s Discussion and Analysis” (MD&A) section with a detailed cash‑flow statement, cash‑burn calculations, and the updated cash‑runway outlook.
- Listen to the earnings call transcript – Management often reiterates the cash‑runway outlook and may provide commentary on how the Q2 results affect the company’s liquidity trajectory.
Bottom line
Based solely on the excerpt you supplied, we cannot quantify the Q2 2025 cash burn, compare it to prior quarters, or state the revised cash‑runway outlook. To answer the question definitively, you’ll need to locate the full earnings release or the accompanying SEC filing where Personalis discloses those liquidity metrics. If you can provide those sections, I’ll gladly extract the numbers and give you a detailed comparison.