Senestech (NASDAQ:SNES) Announces Earnings Results

Posted by Stanley Muller on May 14th, 2026

Senestech (NASDAQ:SNES – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.31) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.02, Zacks reports. The firm had revenue of $0.49 million for the quarter, compared to the consensus estimate of $0.63 million. Senestech had a negative net margin of 304.22% and a negative return on equity of 64.69%.

Here are the key takeaways from Senestech’s conference call:

Direct-to-consumer momentum accelerated, with Q1 DTC revenue up 42% to a record $194,000 and April e-commerce sales up 163% year over year to a record $146,000 after SenesTech took direct control of Amazon and related online operations.
Subscription revenue is emerging as a key growth driver, rising 44% in Q1 to a record $56,000 and more than doubling subscriber counts; April subscription revenue also jumped 198% year over year, supporting management’s recurring-revenue strategy.
B2B revenue improved meaningfully, increasing 57% to $298,000 as the company tightened sales processes and focused on larger opportunities across municipal, distributor, professional, and commercial channels.
Gross margin reached a company record of 68.6%, up from 64.5% a year ago, reflecting better production efficiency and less reliance on discounted sales activity.
Liquidity remains adequate but profitability is still distant, with $6.8 million of cash providing runway into the third quarter of 2027, while adjusted EBITDA loss remained $1.6 million after approximately $443,000 of one-time restructuring-related expenses.

Senestech Stock Performance

Shares of NASDAQ:SNES traded down $0.10 during midday trading on Thursday, reaching $1.72. The company had a trading volume of 45,668 shares, compared to its average volume of 65,904. The company’s 50 day moving average price is $1.73 and its 200 day moving average price is $2.21. The company has a current ratio of 12.61, a quick ratio of 11.36 and a debt-to-equity ratio of 0.02. The stock has a market cap of $9.03 million, a P/E ratio of -0.91 and a beta of 0.18. Senestech has a 52-week low of $1.41 and a 52-week high of $6.24.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Senestech in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold”.

Check Out Our Latest Research Report on SNES

Insider Buying and Selling at Senestech

In related news, major shareholder Glenbrook Capital Management purchased 146,249 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average cost of $1.95 per share, with a total value of $285,185.55. Following the acquisition, the insider owned 865,850 shares of the company’s stock, valued at $1,688,407.50. This represents a 20.32% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders have bought 275,325 shares of company stock valued at $563,923. 2.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Senestech

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. XTX Topco Ltd purchased a new position in shares of Senestech in the 4th quarter worth about $54,000. Jane Street Group LLC purchased a new position in shares of Senestech in the 4th quarter worth about $32,000. DRW Securities LLC boosted its holdings in shares of Senestech by 171.1% in the 4th quarter. DRW Securities LLC now owns 82,107 shares of the company’s stock worth $176,000 after buying an additional 51,818 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Senestech by 35.2% in the 4th quarter. Renaissance Technologies LLC now owns 142,800 shares of the company’s stock worth $306,000 after buying an additional 37,165 shares during the last quarter. Finally, Millennium Management LLC purchased a new stake in Senestech during the third quarter valued at about $126,000. 5.19% of the stock is owned by hedge funds and other institutional investors.

Senestech Company Profile

(Get Free Report)

SenesTech, Inc (NASDAQ: SNES) is a biotechnology company specializing in non-lethal pest management solutions. The company’s core focus is the development and commercialization of fertility-based control methods for commensal rodents, providing an alternative to traditional rodenticides. By targeting the reproductive cycle of rats, SenesTech aims to reduce rodent populations over time without the use of toxic chemicals, offering a more sustainable approach for pest management professionals.

The company’s flagship product, ContraPest®, is an EPA-registered liquid bait that disrupts rodent reproduction.