Key Performance
More- Earnings Score: N/A
- Momentum Score: 35
- True Yield: N/A
- Financial Health Score: N/A
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TriSalus: 3 Key Takeaways for Long-Term Investors
TriSalus (TLSI) reported Q3 2026 revenue of $12.9 million (11% YoY growth) and lowered full-year guidance to $46-48 million due to slower-than-expected sales rep productivity in new territories. However, the company benefited from CMS approval of $13,788 reimbursement for office-based lab procedures and FDA clearance of TriNav Advance for small vessel liver procedures. With $41 million in cash and improving gross margins (86%), management believes it can fund growth plans without immediate capital raises.
11/10/2026, 3:56 PM • The Motley Fool
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Company Profile
TriSalus Life Sciences, Inc. engages in the research, development, and commercialization of drug delivery technology platform and immuno-oncology therapeutics to improve outcomes for patients with difficult-to-treat liver and pancreatic cancers in the United States. It offers Pressure-Enabled Drug Delivery (PEDD) infusion systems, such as the TriNav infusion system, which is used in transarterial radioembolization and chemoembolization procedures for patients with liver cancer and metastases; and the Pancreatic Retrograde Venous Infusion device, which is in Phase 1 clinical trial for treating locally advanced pancreatic cancer. The company is also developing nelitolimod, an investigational immunotherapeutic in Phase 1 clinical trial for the treatment of uveal melanoma, intrahepatic cholangiocarcinoma, hepatocellular carcinoma, and pancreatic cancer. It serves interventional radiologists, IR technicians, medical oncologists, nursing support, and value analysis committee staff. The company was founded in 2009 and is headquartered in Westminster, Colorado.