LNSR

EX-99.1

2 lnsr-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

LENSAR® Reports Second Quarter 2026 Results and Provides Business Update

10 ALLY Robotic Cataract Laser Systems® (“ALLY System”) Placements in Second Quarter 2026; Backlog of 13 ALLY Systems as of June 30, 2026

Second Quarter Recurring Revenue was $13.7 million

Total Laser Installed Base Climbs to 445 Systems, Driven by 30% Growth in ALLY Placements

ORLANDO, Fla. (Aug 13, 2026) - LENSAR, Inc. (Nasdaq: LNSR) (“LENSAR” or the “Company”), a global medical technology company focused on advanced robotic laser solutions for the treatment of cataracts, today announced financial results for the quarter ended June 30, 2026 and provided an update on key operational initiatives.

“In all metrics we delivered a significant second quarter, highlighted by 18% total revenue growth and 20% recurring revenue growth over the second quarter of 2025, and our strongest Adjusted EBITDA performance to date along with positive Net Income. These results reflect the continued strength of our business model, increasing utilization across our installed base, and sustained demand for the ALLY System,” said Nick Curtis, President and CEO of LENSAR. “Importantly, procedure revenue grew 23% over the second quarter last year as surgeons continued to increase the number of procedures performed using ALLY, reinforcing our belief in the solid health of our underlying business in realizing the long-term potential of our recurring revenue model. The growth we achieved during the second quarter gives us continued confidence in the trajectory of the business. Our increasing installed base, expanding recurring revenue and healthy backlog of pending installations exiting the second quarter position us well as we continue executing on our commercial strategy, LENSAR maintains a sharp focus on driving long-term value for our shareholders, as well as our surgeon partners and the patients they serve.”

LENSAR Q2 2026 Financial Summary

Metric

Q2 2026

Q2 2025

% Change

Revenue

$16.5M

$13.9M

+18%

Recurring revenue

$13.7M

$11.4M

+20%

Procedure revenue

$10.2M

$8.3M

+23%

Procedure volume

58,682

52,100

+13%

Recurring revenue %

83%

82%

+1%

Total Laser Installed Base

445

410

+9%

Total ALLY Installed Base

215

165

+30%

Net Income (Loss)

$3.5M

$(1.8)M

N/M

Adjusted EBITDA

$3.6M

$(0.3)M

N/M

*N/M = Not meaningful due to change from a loss to positive earnings. Second Quarter 2026 Financial Results In addition to the revenue growth summarized above, during the three months ended June 30, 2026, the Company placed 10 ALLY Systems, bringing the total installed ALLY base to approximately 215 at quarter end. As of June 30, 2026, the Company had a backlog of 13 ALLY Systems pending installation.

The following table provides information about revenue and recurring revenue, which we consider to be all components of our revenue except for the sales of our systems:

Three Months Ended June 30,

Six Months Ended June 30,

(Dollars in thousands)

2026

2025

2026

2025

System

$

2,809

$

2,576

$

3,645

$

5,208

Recurring revenue:

Procedure

10,233

8,334

19,473

16,620

Lease

1,772

1,645

3,453

3,529

Service

1,681

1,380

3,352

2,737

Total recurring revenue

13,686

11,359

26,278

22,886

Total revenue

$

16,495

$

13,935

$

29,923

$

28,094

Recurring revenue %

83

%

82

%

88

%

81

%

The following table provides information about procedure volume:

2026

2025

2024

Q1

54,094

52,347

39,486

Q2

58,682

52,100

42,203

Total

112,776

104,447

81,689

Net income and Adjusted EBITDA increased due to improved revenue, lower operating expenses, and a $1.1 million tariff refund. Net income growth was offset by lower non-cash income related to the change in fair value of warrant liabilities.

Cash, cash equivalents, and investments totaled $13.6 million as of June 30, 2026, compared to $18.0 million at December 31, 2025.

Conference Call

LENSAR management will host a conference call and live webcast to discuss the results and provide an update on the Company’s go-forward strategy today, August 13, 2026, at 8:30 a.m. ET.

To participate by telephone, please use this registration link. All participants must use the link to complete the online registration process in advance of the conference call. The live webcast can be accessed under “Events & Presentations” in the Investor Relations section of the company’s website at https://ir.lensar.com. The call and webcast replay will be available for 30 days.

About LENSAR

LENSAR is a commercial-stage medical device company focused on designing, developing, and marketing advanced systems for the treatment of cataracts and the management of astigmatism as an integral aspect of the procedure. LENSAR has developed its ALLY Robotic Cataract Laser System® as a compact, highly ergonomic system utilizing an extremely fast dual-modality laser and proprietary imaging and software. ALLY is designed to transform premium cat

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