Delisting riskPopularity #4,340
ISPC · NASDAQ · Medical - Diagnostics & Research

iSpecimen (ISPC)

Order-driven marketplace for annotated human biospecimens.

$1.25
After hours−0.01 (−1.07%)
At close$1.27(−4.17%)
Loading prices…

iSpecimen Inc.ISPC
Health Care

Connects life-science researchers with annotated human biofluids, tissue, and cells through an order-driven procurement marketplace, earning transactional per-specimen or project revenue and sharing proceeds with providers. It harmonizes de-identified data and coordinates search, compliance, and fulfillment instead of maintaining a large proprietary biobank.

Matches life-science researchers with annotated human biofluids, solid tissue, and hematopoietic stem and immune cells through an order-driven procurement marketplace. Customers pay per specimen or project, while supplying healthcare organizations and commercial providers receive a share of revenue. The offer spans remnant and consented research-use-only samples, banked inventory, prospective custom collections, clinical annotation, and matched sets.

Rather than maintaining a large proprietary biobank, the company harmonizes de-identified records from provider systems and coordinates cohort search, contracting, compliance, ordering, fulfillment, and supplier revenue sharing. Its network extends across the Americas, Europe, and Asia, but customer demand is centered in the Americas and fulfillment depends on suppliers meeting precise specimen criteria.

Operations rely on privacy, human-subject, consent, shipping, import/export, and cross-border data-transfer requirements. The marketplace migration remains incomplete: some product lines still lack full self-service patient-level search and pricing functionality.

Company facts

CEOKatharyn (Katie) Field
ListedJun 17, 2021
ExchangeNASDAQ
HeadquartersWoburn, MA
CountryUnited States
Employees7
CIK0001558569
ISINUS45032V3069

Market cap$183.3K
EPS (ttm)−$50.28
P/E (ttm)−0.0263
ROE-524.4%
P/B0.1056
P/S0.3931
Dividend yieldDiv yield
Beta1.85vs XLV −0.06

No analyst consensus on record.

Next report
Nov 5, 26
in 44 days
EPS estimate
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Apr '25May '25Aug '25Nov '25Apr '26May '26Aug '26Nov '26
Reported−$6.28−$0.71−$0.42−$0.48−$23.60−$6.66−$0.98Pending
Estimate−$4.00−$4.40−$3.80−$3.80−$152.00
Surprise−57.0%+83.9%+88.9%+87.4%+84.5%

RevenueReportedEstimate

Apr '25May '25Aug '25Nov '25Apr '26May '26Aug '26Nov '26
Reported$1.5M$1.1M$713.1K$106.6K$51.8K$156.0K$151.9KPending
Estimate$3.0M$2.5M$3.1M$3.3M$3.4M
Surprise−50.4%−58.5%−77.0%−96.8%−98.5%
Estimate
ReportedDue Nov 5, 2026
Estimate
ReportedDue Nov 5, 2026
View details

Debt to equity13.90%
Current ratio81.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.7M$1.5M$1.1M$713.1K$106.6K$51.8K$156.0K$151.9K
Net income−$1.4M−$6.0M−$1.7M−$1.0M−$2.8M−$5.0M−$2.3M−$1.4M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$1.7M−$5.8M−$1.6M−$1.8M−$2.8M−$2.7M−$2.5M−$1.4M
YoY growthLoss narrowedLoss widenedLoss narrowedLoss narrowedLoss widenedLoss narrowedLoss widenedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $4.4M · Total debt $240.9K · Total assets $7.4M · Shareholders' equity $1.7M

Revenue
$151.9K
Operating income
−$1.4M
Net income
−$1.4M
View details

No dividends on record.

Institutions0.00%0 shares
1 holder · as of Mar 31, 2026
Other100.00%138.9K shares
remainder

138.9K company shares as of Sep 6, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Two share counts disagree (2.52M in the company's Sep 22, 2026 report, 138.9K elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Gill Capital Partners, LLCInstitution
0.00%15as of Mar 31, 2026
Empery Asset Management, LPInstitution
5.34% of class, as filedfiled Jan 24, 2022
James G. WolfInsider
6.13% of class, as filedfiled Sep 28, 2022
Andrew L. Ross1Insiderdirector
1.19%1,658filed May 17, 2023
OBF Investments, LLC2,3Strategic10 percent owner
0.76%1,052filed Jun 23, 2021
  1. Last filed May 17, 2023; leaving the company requires no filing. Not in the bar.
  2. Last filed Jun 23, 2021; leaving the company requires no filing. Not in the bar.
  3. Reported at 4.40% on Feb 14, 2025, under the 5% line, so no further filing is required.

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Quest Diagnostics

    Remnant-sample access and custom collections for life-science studies.

CompareAfter hours

CompanyPriceChange
iSpecimen$1.25−1.07%$183.3K0.4−78.7%
Quest Diagnostics$234.76−0.04%$27.03B26.020.52.3+10.2%
Median26.020.52.3+10.2%