Hyperfine Q3 revenue rises 73% to record $6.0 million; net loss narrows
Hyperfine reported third quarter 2026 revenue of $6.0 million, up 73% from $3.4 million a year earlier, and a net loss of $6.0 million, or $0.06 per share, versus $11.0 million, or $0.14 per share, in the third quarter of 2025. The company reiterated its full-year 2026 guidance for revenue of $20 to $22 million and net cash burn of $26 to $28 million, so shareholders see improved results with no change to outlook, though the quarter's loss benefited from a $1.5 million warrant fair-value gain.
Key points
- Q3 2026 revenue was a record $6.0 million, up 73% from $3.4 million; 14 commercial Swoop systems were sold versus 8 a year earlier.
- Net loss was $6.0 million, or $0.06 per share, compared with $11.0 million, or $0.14 per share, in Q3 2025; the result includes a $1.5 million gain from warrant liabilities.
- 2026 guidance was reiterated: revenue of approximately $20 to $22 million and net cash burn of approximately $26 to $28 million.
- Cash and cash equivalents were $37.9 million at September 30, 2026, with no financing proceeds in Q3; a new Form S-3 shelf of $150 million is expected to replace the one expiring in November 2026.
The filing
Written by AI on Nov 9, 2026, 6:16 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.