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Exact Sciences — Nov 3, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001124140-25-000090
Open on SEC.gov ↗
Showing in the filing
Screening Y/Y growth rate
“20%”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 10
Revenue midpoint increase for FY2025
“$78 million”
Adjusted EBITDA midpoint increase for FY2025
“$10 million”
Screening Y/Y growth rate for FY2025
“20%”
Total revenue for FY2025
“$3.220 - $3.235 billion”
Total revenue Y/Y growth rate for FY2025
“17%”
Screening for FY2025
“$2.510 - $2.520 billion”
Precision Oncology for FY2025
“$710 - $715 million”
Adjusted EBITDA for FY2025
“$470 - $480 million”
Adjusted EBITDA Y/Y growth rate for FY2025
“47%”
Precision Oncology Y/Y growth rate for FY2025
“9%”
Exhibit 99.1 · the passage around this item
… earlier in the release
The momentum we are building is fueling growth, advancing innovative new tests like Cancerguard, and strengthening our financial performance." Third quarter 2025 financial results For the three-month period ended September 30, 2025, as compared to the same period of 2024 (where applicable): • Total revenue was $851 million, an increase of 20% on a reported and core revenue basis • Screening revenue was $666 million, an increase of 22% • Precision Oncology revenue was $184 million, an increase of 13% • Gross margin was 69%, and adjusted gross margin was 71% • Net loss was $20 million, or $0.10 per share, an improvement of $19 million and $0.10 per share, respectively • Adjusted EBITDA was $135 million, an increase of $37 million or 37%, and adjusted EBITDA margin was 16%, an increase of 200 basis points • Operating cash flow was $220 million and free cash flow was $190 million, an increase of 59% and 69%, respectively, • Cash, cash equivalents, and marketable securities were $1.00 billion at the end of the quarter Screening primarily includes laboratory service revenue from Cologuard® tests and PreventionGenetics. Precision Oncology includes laboratory service revenue from global Oncotype DX® and therapy selection tests. Platform and pipeline advancements In September 2025, Exact Sciences launched its Cancerguard ® multi-cancer early detection (MCED) test as a laboratory-developed test. Cancerguard is the first multi-cancer early detection test commercially available that analyzes multiple biomarker classes to help dete
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.