Mauna Kea Technologies Reports Nine-Month 2026 Sales of €4.4 Million, Up 24% at Constant Exchange Rates
Nine-month sales of €4.4 million, up 21% as reported and 24% at constant exchange rates (CER)
Europe and Rest of World up 128%, led by CellTolerance®, now present in 9 countries with 27 paying centers, up from 17 at end-2025
Third-quarter sales of €1.2 million, down 11% at CER, reflecting temporary U.S. organization vacancies, fully resolved in October with all four territories now staffed
TaeWoong partnership enters execution phase, actively engaging priority U.S. target accounts
Financial resources to fund operations until the end of 2027
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PARIS & BOSTON, October 20, 2026--Regulatory News:
Mauna Kea Technologies (Euronext Growth: ALMKT), inventor of Cellvizio®, the multidisciplinary probe and needle-based confocal laser endomicroscopy (p/nCLE) platform, today reports its sales for the third quarter and the first nine months of 2026.
"Over nine months our sales grew 24% at constant exchange rates with international sales up 128% and recurring revenue up 17%. In the United States we are selling at higher prices and lower discounts than at any point since 2023, and systems placed since 2025 already generate 46% of our probe sales. The third quarter was held back by two unstaffed U.S. territories. Those roles are now filled, every territory has both a Territory Manager and a Clinical Associate, and our partnership with TaeWoong is operational. We head into our historically strongest fourth quarter fully staffed across all territories and with a solid pipeline skewed toward high-value system sales," commented Sacha Loiseau, Ph.D., Chairman and CEO of Mauna Kea Technologies.
Nine-month 2026 highlights
Commercial performance
Group: sales of €4.4 million, up 24% at CER. Recurring revenue (probes, pay-per-use and services) reached €2.9 million, up 17% at CER, and 10 systems were sold, compared with 6 in the first nine months of 2025. Excluding China, where no sales were recorded in the first nine months of 2025 or 2026, this is the highest nine-month sales level in six years (nine-month 2021: €4.2 million).
Europe and Rest of World: sales of €1.5 million, compared with €0.6 million. Six systems were sold (Germany, Switzerland, United Arab Emirates, France), compared with two, and probe volumes more than tripled (96 units versus 29). First sales were recorded in four new markets: the United Arab Emirates, Switzerland, Poland and Spain.
CellTolerance: sales of €1.1 million, up 47%, with paying centers rising from 17 at end-2025 to 27 in 2026, across nine countries.