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Teknova CFO Reiterates 2026 Revenue Guidance of $42-44 Million
Matt Lowell, Teknova's Chief Financial Officer, added, "We delivered strong financial results in the first quarter 2026 compared to 2025, including 13% revenue growth and significant improvements in Adjusted EBITDA and Free Cash Outflow. We believe the Company is well positioned to maintain its momentum. We therefore reiterate our 2026 revenue guidance of $42-44 million and continue to anticipate full-year Free Cash Outflow of less than $10 million," he explained.
Teknova Q1 Revenue $11.08M Beats Consensus
Reports Q1 revenue $11.08M, consensus $10.22M. "We had a great start to 2026," said Stephen Gunstream, President and Chief Executive Officer at Teknova. "The substantial investments we've made since 2021, combined with an improved market backdrop, position Teknova for sustainable above-market growth over the next couple years, particularly as our Clinical Solutions customers advance their therapies and diagnostics towards commercialization."
Teknova Reports Q4 Revenue of $9.98M, Exceeds Expectations
Reports Q4 revenue $9.98M, consensus $9.61M. "After another successful year of disciplined execution against our strategic objectives, we've decided to further invest in our commercial capabilities this year," said Stephen Gunstream, President and Chief Executive Officer at Teknova. He continued, "As we begin to realize the benefits of the substantial capital investments we've made in recent years, and amid signs that the biotech funding environment is likely to continue to improve, we believe that additional and targeted commercial efforts should enable us to become Adjusted EBITDA positive by the end of 2027."
Teknova Expects Total Revenue of $42M to $44M for FY 2026
The company said, "Teknova anticipates total revenue of $42 million to $44 million for the fiscal year ending December 31, 2026. The Company also anticipates Free Cash Outflow of less than $10 million for 2026."
Alpha Teknova Supports FY25 Revenue Forecast of $39M-$42M, Aligning with Consensus of $40.61M
The company said, "Teknova reiterates its fiscal 2025 outlook for revenue and Free Cash Outflow. The Company continues to anticipate total revenue of $39 million to $42 million for the fiscal year ending December 31, 2025. The Company also anticipates Free Cash Outflow of less than $12 million for 2025."
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