Company Analysis

Seer, Inc. (SEER)

Nasdaq: SEER · Laboratory Analytical Instruments · Redwood City, CA · filing with the SEC since 2018
Grade4.9
◀ Past 5.0● Present 4.3▶ Future 5.5
1 est.

The grade of Seer, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past5.030% of the headline
● Present4.340% of the headline
▶ Future5.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.0/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.5/10

Has it survived what it has been through?

1 warning event since 2018; the latest 2025-07-08.

weight 33% of this tense · 35th percentile among 23 sector filers · read for itself

From the record

Seer, Inc.'s filings since 2018 show 1 warning event: a notice about its exchange listing (8-K item 3.01, the latest 2025-07-08) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.7/10

What has it actually done, year after year?

+90.8% a year over 6 filed years; profitable in 0 of 6.

weight 45% of this tense · 57th percentile among 21 sector filers · read for its customers

From the record

Seer, Inc.'s 6 filed years say what it did: revenue went from $656 thousand in fiscal 2020 to $17 million in fiscal 2025, up 90.8% a year; it rose in 4 of 5 years; the deepest fall was 15% from fiscal 2023 to fiscal 2024; net income was positive in 0 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span90.8%top 2% of its family
  • the share of years revenue rosetop 38% of its family
  • the share of filed years with a profitbottom 26% of its family
  • the deepest fall from a revenue peak15.0%bottom 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
6.0/10

How has it treated the people who own it?

SI estimate 6.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 19 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income, so the desk assumes the typical reading of its industry family, the median of 19 members with one.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
family median, 19 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Seer, Inc.'s shareholder treatment is put at 6.0 of 10 with a confidence of 20 of 100, because fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income, so the desk assumes the typical reading of its industry family, the median of 19 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.0/10

Is it financially healthy right now?

ROE -28%: lost 28¢ per shareholder dollar. Leverage 12%: owes 12¢ per asset dollar.

weight 45% of this tense · 50th percentile among 22 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Seer, Inc. lost about 28 cents for every dollar of shareholders' money, and gross profitability: its products earned about 3 cents per dollar of everything the company owns. Leverage: it owed about 12 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 2% of its family
  • return on equitybottom 45% of its family
  • gross profit against assetsbottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.5/10

How strong is its position in its industry?

bottom 26% of 21 in its family; net margin -444%.

weight 33% of this tense · 26th percentile among 21 sector filers · read for its customers

From the record

Seer, Inc.'s standing among 21 graded names in its industry family: revenue of $17 million in fiscal 2025 ranks in the bottom 7% by size; a net margin of -444% ranks in the bottom 12%; revenue growth of 2.3% a year over the last 3 filed years ranks in the top 42% (its annual reports).

What it rests on

  • revenue against the family$16.6Mbottom 7% of its family
  • net margin-444.0%bottom 12% of its family
  • three-year revenue growth2.3%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.3/10

What are the people in charge doing?

top 47% of 21 in its family for leadership; chief executive since 2020.

weight 22% of this tense · 53rd percentile among 21 sector filers · read for its shareholders

From the record

Seer, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Farokhzad, Omid (CEO AND CHAIR, as filed), filing under that title since 2020-12-03, 5.9 years (top 29% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (top 40%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 30%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 10 peoplebottom 30% of its family
  • the median years the people in charge have filed5.3 yearstop 40% of its family
  • the chief executive's years on the record5.9 yearstop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.5/10

How much room does it have to grow?

top 45% of 21 in its family for room to expand.

weight 45% of this tense · 55th percentile among 21 sector filers · read for itself

From the record

Seer, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $48 million against no long-term debt tagged leaves 16.1% of its assets as net cash, top 34% of its family; cash from operations less capital spending is -279% of revenue (bottom 12%); a gross margin of 51.1% (top 47%); research spending of 264.7% of revenue (top 12%) (its annual report).

What it rests on

  • cash less debt against assets16.1%top 34% of its family
  • cash from operations less capital spending against revenue-279.0%bottom 12% of its family
  • gross margin51.1%top 47% of its family
  • research spending against revenue264.7%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.6/10

What could actually drive growth from here?

bottom 36% of 21 in its family for growth drivers.

weight 33% of this tense · 36th percentile among 21 sector filers · read for its customers

From the record

Seer, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 2.3% a year over the last three filed years against 90.8% over all 6, slowing (bottom 3% of its family); the newest year grew 17% (top 17%); research spending grew -1.4% a year (bottom 38%); capital spending grew -44.1% a year (bottom 23%) (its annual reports). Seer, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-88.5 points a yearbottom 3% of its family
  • the newest year's revenue growth17.0%top 17% of its family
  • three-year growth of research spending-1.4%bottom 38% of its family
  • three-year growth of capital spending-44.1%bottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.4/10

Did its newest year beat what its own record pointed to?

top 16% of 20 in its family for expectations against reality.

weight 22% of this tense · 84th percentile among 20 sector filers · read for its shareholders

From the record

Seer, Inc.'s newest year against its own record: revenue of $17 million in fiscal 2025 came in 22.3% above the $14 million its prior three years' pace pointed to (top 2% of its family); net income of $74 million against a prior three-year average of $89 million (top 32%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 12%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace22.3%top 2% of its family
  • net income against the prior three years' average+17%top 32% of its family
  • net margin against its prior averageup more than 100 pointstop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SEER · research, not advice