Singular Genomics Systems Net Income

Singular Genomics Systems posts a net income of $-86M as of September 2024. That compares with $-91M in the prior-year period — up 5.3% year over year. That is below the Healthcare sector average of $16B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Singular Genomics Systems's net income was $-91M. The latest reading is $-86M — a 5.3% year-over-year increase (period ending September 2024). Use the history and growth charts on this page for a longer lookback.

For Healthcare stocks, a net income near $16B is typical. Singular Genomics Systems's $-86M is lower that level. That is roughly 100.5% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Net Income is one piece of Singular Genomics Systems's financial statement story. At $-86M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for OMIC's net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $16B), and (3) consistency with growth and profitability. This page covers the first two; Singular Genomics Systems's other metric pages and overview cover the third.