SenesTech Inc

SenesTech reported record second-quarter 2026 revenue of $770,000, a 56% sequential increase, and a company-record gross margin of 73.6% in its first full quarter of in-house Amazon management. E-commerce revenue, which includes both online direct-to-consumer and online business-to-business channels, more than tripled to a record $511,000, exceeding direct B2B revenue for the first time in company history. Amazon revenue alone increased more than fivefold to a record $349,000, while the company's e-commerce website revenue rose 31% to $155,000. Direct-to-consumer subscription revenue grew 89% sequentially to a record $104,000, and the combined subscriber count across Amazon and the company's website increased 117% to a record level. Net loss improved sequentially to $1.8 million, and adjusted EBITDA loss narrowed 15% to $1.4 million, with cash and equivalents at $5.1 million at quarter end.

SenesTech announced that its active online subscription customer base more than doubled during the second quarter of 2026 compared to the first quarter, reaching a record level. The company's e-commerce business, which serves both direct-to-consumer and business-to-business customers, grew 186% quarter-over-quarter, driven by investments in Amazon, SenesTech.com, and digital marketing, as well as the transition to direct management of its Amazon channel and Shopify platform. A substantial portion of Shopify revenue comes from B2B customers, indicating that e-commerce demand extends beyond the consumer market. President and CEO Michael Edell stated that subscriber growth is a clear indicator the e-commerce strategy is working, strengthening revenue predictability and creating long-term customer relationships. The company believes the subscription model is well suited for its Evolve and ContraPest product lines, as rodent birth control is designed for ongoing use in long-term population management programs.