TriSalus Life Sciences, Inc.

TriSalus Life Sciences, Inc.

TLSIยทNASDAQ

$3.18

-0.47%
HealthcareMedical - Devices

TriSalus Life Sciences, Inc., an immunotherapy company that develops and commercializes immunotherapies for the treatment of liver and pancreatic tumors. The company offers the TriNav Infusion System for hepatic arterial infusion of liver tumors; and the Pancreatic Retrograde Venous Infusion System for pancreatic tumors. It also develops SD-101, an investigational immunotherapeutic with pressure-enabled drug delivery technology for hepatocellular carcinoma, intrahepatic cholangiocarcinoma, uveal melanoma with liver metastases, pancreatic ductal adenocarcinoma with liver metastases, colorectal cancer with liver metastases, and primary pancreatic cancers. The company is based in Westminster, Colorado.

At a Glance

Live Snapshot
Market Cap$120.55M
EPS-1.8400
P/E Ratio-1.73
Earnings Date08/11/2026
3Y+264.0%
5Y-
10Y-
3Y-17.0%
5Y+23.0%
10Y+23.0%
3Y-44.0%
5Y+2558.0%
10Y+2558.0%
TriSalus Life Sciences, Inc.

TriSalus Life Sciences, Inc. Profit Bridge

TLSI ยท NASDAQ
Revenue45.15M
Cost of Goods Sold (6.96M)
Gross Profit38.19M
Operating Expenses (65.13M)
Operating Income-26.95M
Interest Expense (5.54M)
Other Income/Expense-12.27M
Pretax Income-39.22M
Income Tax (7.00K)
Net Income-39.23M
Net Income
-39.23M

Profitability Analysis

Gross Margin

84.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-59.7%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-86.9%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

TriSalus Life Sciences, Inc. Income Statement

TLSI โ€ข NASDAQ

TriSalus Life Sciences, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
REVENUE
45.2M
29.4M
18.5M
12.4M
8.4M
0.0
GROSS PROFIT
(7M)
(4.1M)
(2.6M)
(2.3M)
(1.2M)
(0.0)
38.2M
25.3M
15.9M
10.1M
7.2M
0.0
OPERATING INCOME
(65.1M)
(61.5M)
(70.4M)
(46.6M)
(31.2M)
(108.5K)
(50.2M)
(43.8M)
(40.5M)
(25.2M)
(17M)
(108.5K)
(15M)
(17.7M)
(29.8M)
(21.4M)
(14.2M)
(0.0)
-26.9M
-36.2M
-54.5M
-36.4M
-24M
-108.5K
PRE-TAX INCOME
(5.5M)
(3.1M)
(16K)
(1K)
(1.8M)
(0.0)
-5M
-2.7M
415K
179K
-1.8M
3.3K
-12.3M
6.1M
-4.9M
-10.7M
-4.8M
-602.9K
-39.2M
-30M
-59.4M
-47.2M
-28.8M
-711.4K
NET INCOME
(7K)
(6K)
(9K)
(9K)
(3K)
(0.0)
-39.2M
-33.2M
-59.4M
-47.2M
-28.8M
-31.8M

SEC Filings

TLSI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 12, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 24, 2026
2026
8-K

8-K 2026

N/A

April 07, 2026
April 01, 2026
2026
DEF 14A

DEF 14A 2025

N/A

March 31, 2026
December 31, 2025
2025
10-K

10-K 2025 FY

FY

March 05, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 05, 2026
March 05, 2026
2026
8-K

8-K 2026

N/A

February 20, 2026
February 19, 2026
2026
8-K

8-K 2026

N/A

February 09, 2026
February 03, 2026
2026
Showing 1 to 10 of 141 filings