OraSure Technologies, Inc. (OSUR) Q2 2026 Earnings Call Transcript
OraSure Technologies, Inc. (OSUR) Q2 2026 Earnings Call Transcript

OraSure Technologies, Inc. and its affiliates are a global leader in the development, production, and commercialization of advanced oral fluid diagnostic solutions ...
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Est. EPS $-0.23 · Revenue $31.14M · 1 analysts
Est. EPS $-0.20 · Revenue $32.40M · 1 analysts
Est. EPS $-0.66 · Revenue $122.11M · 1 analysts
Est. EPS $-0.21 · Revenue $30.24M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $115.0M | -38.1% | +9.7% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-68.7M | -252.5% | +127.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +41.9% | +2.2% | +16.1% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -59.2% | -434.3% | +121.4% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -59.8% | -469.4% | +125.5% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-53220 | -100.2% | +16.6% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -0.0% | -100.4% | +24.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 3.9% | +8.8% | -70.5% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 6.58x | -33.9% | +62.5% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $403.2M | -15.9% | -4.9% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -0.94 vs -0.86 | -8.7% | 0.09 vs -0.27 | +133.3% |
| Revenue Surprise | $115.0M vs $114.7M | +0.3% | $30.6M vs $29.1M | +5.3% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 26, 2026 | Boyd Steven Kyle | director | Common Stock | A | 3,666 | $4.43 |
| Jun 3, 2026 | McMahon Robert W. | director | Common Stock | A | 46,106 | — |
| Jun 3, 2026 | Gagliano Nancy J | director | Common Stock | A | 46,106 | — |
| Jun 3, 2026 | Marmora Lelio | director | Common Stock | A | 46,106 | — |
| Jun 3, 2026 | Kenny John P. | director | Common Stock | A | 46,106 | — |
Operator: Good day, and thank you for standing by. Welcome to OraSure Technologies Inc. 26 second quarter earnings conference call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press *11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press *11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Michele Anthony, Chief Accounting Officer. Please go ahead. Michele Anthony: Thank you. Good afternoon, and welcome to OraSure Technologies Second Quarter 2026 Earnings Call. Participating in the call today for OTI are Carrie Eglinton Manner, our President and Chief Executive Officer and Kenneth McGrath, our Chief Financial Officer. As a reminder, today's webcast is being recorded. And the recording can be found on our Investor Relations website. Before we begin, you should know that this call may contain certain forward looking statements. Including statements with respect to revenues, expenses, profitability, earnings or loss per share and other financial performance, product development, performance, shipments and markets, business plans, regulatory filings and approvals, expectation and strategies. Actual results could be significantly different. Factors that could affect results are discussed more fully in OTIs SEC filings. Its annual report on Form 10-K for the year ended December 31, 2025 Its quarterly reports on Form 10 Q, and its other SEC filings. Although forward looking statements help to provide more complete information about future prospects, listeners should keep in mind that forward looking statements are based solely on information available to management as of today. OTI undertakes no obligation to update any forward looking statements to reflect events or circumstances after this call. With that, I am pleased to turn the call over to Carrie. Carrie Eglinton Manner: Thanks, Michele, and thanks to everyone for joining us. Today, I will discuss some of the highlights from Q2, and provide updates on our key priorities for 2026. Q2 was another important quarter in OraSure's transformation. We exceeded our revenue guidance expanded gross margin sequentially, advanced our decentralized diagnostics pipeline in rapid tests and sample management solutions, and continue to position the business for sustainable growth and long term shareholder value in the second half of 2026 and beyond. Through our multiyear transformation, we have moved from restructuring and portfolio simplification to execution against a more focused growth strategy. In 2025, we said that 2026 would be a transition year on the path back to growth. Q2 demonstrated that transition beginning to take shape through stronger revenue, improving margins and meaningful …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Carrie Eglinton Manner | President, Chief Executive Officer & Director | USD 898,040 | Female | 1975 | Active |
Kenneth J. McGrath | Chief Financial Officer | USD 577,440 | Male | 1972 | Active |
Anne Messing | Chief Commercial Officer | — | Female | — | Active |
Karen Davies | Diagnostics R&D & Chief Technologist | — | Female | — | Active |
Amy Steigerwalt | Senior Vice President of Human Resources | — | Female | — | Active |
Michele Anthony | Senior Vice President, Chief Accounting Officer, Controller & Assistant Secretary | — | Female | 1974 | Active |
Zachary Wert | Senior Vice President of Global Operations | — | Male | — | Active |
Jason Michael Plagman | Vice President of Investor Relations | — | Male | — | Active |
Rafal Iwasiow | Sample Management Solutions R&D & Chief Scientist | — | Male | — | Active |
David A. Rappaport | Senior Vice President of Corporate Development, Strategy & Integration | — | Male | — | Active |
Stefano Taucer | General Counsel & Corporate Secretary | — | Male | — | Active |
OraSure Technologies, Inc. (OSUR) Q2 2026 Earnings Call Transcript

OraSure Technologies NASDAQ: OSUR reported second-quarter revenue of $30.6 million, exceeding its guidance range and rising 9.7% sequentially, as stronger public-health diagnostics demand and growth in sample-management products supported results.

BETHLEHEM, Pa., Aug. 05, 2026 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (Nasdaq: OSUR), a leader in point-of-need and home diagnostic tests and sample management solutions, today announced its financial results for the three months ended June 30, 2026.

BETHLEHEM, Pa. , Aug. 05, 2026 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (Nasdaq: OSUR), a leader in point-of-need and home diagnostic tests and sample management solutions, today announced its financial results for the three months ended June 30, 2026. "Our Q2 results demonstrate continued progress in our return-to-growth trajectory, with revenue of $30.

BETHLEHEM, Pa., July 22, 2026 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (NASDAQ: OSUR) announced today that it will report its second quarter 2026 financial results on Wednesday, August 5, 2026, after the market closes. It will hold its quarterly conference call to discuss the results beginning at 5 p.m. Eastern Time on that day.
