Financials · HYPR

Hyperfine Inc. (HYPR) financials

For the twelve months ended Sep 30, 2026, Hyperfine Inc. reported $19.06M of revenue and -$29.81M of net income.

Revenue, TTM
$19.06M
Revenue growth, YoY
+80.0%
Net income, TTM
-$29.81M
Net margin
-156.4%
Free cash flow, TTM
-$27.92M
EPS, diluted, TTM
-$0.29
Cash
$37.87M
Total debt
$13.35M
P/S
3.95
Market cap
$75.2M
Annual revenue$13.56M
FY2020FY2025
Annual net income-$35.57M
FY2020FY2025
Annual free cash flow-$29.13M
FY2020FY2025

HYPR revenue and earnings growth

HYPR revenueQ3 2026$5.96M

Quarter YoY
+73.4%
QoQ
+52.7%
FY YoY
+5.2%
5Y CAGR
+115.2%

HYPR revenue was $5.96M in fiscal Q3 2026 (ended Sep 30, 2026), up 73.4% from a year earlier and up 52.7% from the prior quarter. For the full fiscal 2025 it was $13.56M, up 5.2% from fiscal 2024. Compound annual growth was +115.2% over 5 years. It rose in each of the last 5 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.

HYPR net incomeQ3 2026-$5.98M

HYPR net income was -$5.98M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$11.02M a year earlier. For the full fiscal 2025 it was -$35.57M, compared with -$40.72M in fiscal 2024.

HYPR EPSQ3 2026-$0.06

HYPR diluted EPS was -$0.06 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.14 a year earlier. For the full fiscal 2025 it was -$0.43, compared with -$0.56 in fiscal 2024.

HYPR free cash flowQ3 2026-$6.10M

HYPR free cash flow was -$6.10M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$5.71M a year earlier. For the full fiscal 2025 it was -$29.13M, compared with -$39.15M in fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue$13.56M$12.89M$11.03M$6.81M$1.50M$294.0K
Cost of revenue$6.81M$7.00M$6.28M$5.91M$2.66M$771.0K
Gross profit$6.75M$5.89M$4.76M$907.0K-$1.17M-$477.0K
Research and development$17.45M$22.50M$22.49M$28.16M$25.84M$14.59M
Selling, general and admin$16.25M$17.49M$20.28M$32.41M$27.50M$5.92M
Operating income-$37.09M-$43.22M-$48.12M-$73.87M-$64.87M-$23.49M
Pre-tax income-$35.57M-$40.72M-$44.24M-$73.16M-$64.85M-$23.43M
Income tax$0$0$0$0$0-
Net income-$35.57M-$40.72M-$44.24M-$44.24M-$64.85M-$23.43M
EPS, basic-$0.43-$0.56-$0.62-$1.04-$17.57-$15.38
EPS, diluted-$0.43-$0.56-$0.62-$1.04-$17.57-$15.38
Diluted shares81.8M72.4M71.3M70.4M3.7M1.5M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Cash and equivalents$35.09M$37.67M$75.80M$118.24M$191.16M$64.29M
Receivables$5.25M$5.96M$3.19M$2.10M$553.0K$174.0K
Inventory$7.09M$5.83M$6.58M$4.62M$4.31M$1.72M
Current assets$50.91M$53.71M$88.91M$128.66M$197.49M$68.33M
Total assets$55.26M$58.90M$94.20M$134.05M$202.47M$71.53M
Current liabilities$11.73M$8.73M$8.77M$8.80M$15.74M$4.12M
Long-term debt$0-----
Total debt$0-----
Total liabilities$14.26M$9.86M$9.80M$10.33M$16.25M$4.29M
Shareholders' equity$41.01M$49.04M$84.40M$123.72M$186.23M-$61.05M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Operating cash flow-$27.95M-$38.77M-$41.81M-$72.34M-$47.18M-$21.52M
Capital expenditures$1.19M$383.0K$804.0K$585.0K$2.71M$1.57M
Free cash flow-$29.13M-$39.15M-$42.61M-$72.92M-$49.89M-$23.09M
Investing cash flow-$1.19M-$383.0K-$804.0K-$585.0K-$2.71M-$1.57M
Financing cash flow$27.50M$1.02M$174.0K$7.0K$176.77M$60.94M
Stock-based compensation$2.80M$4.36M$4.74M$10.65M$6.90M$1.12M
Depreciation and amortization---$1.01M$726.0K$289.0K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue growth, YoY5.2%16.8%61.9%355.5%408.8%-
Gross margin49.8%45.7%43.1%13.3%-78.0%-162.2%
Operating margin-273.4%-335.3%-436.1%-1084.2%-4336.1%-7990.1%
Net margin-262.3%-315.9%-401.0%-649.2%-4335.0%-7968.4%
Free cash flow margin-214.8%-303.7%-386.3%-1070.2%-3335.1%-7854.8%
Return on equity-86.8%-83.0%-52.4%-35.8%-34.8%-
Return on assets-64.4%-69.1%-47.0%-33.0%-32.0%-32.8%
Current ratio4.346.1510.1414.6212.5516.60
Debt to equity0.00-----

Source: XBRL data Hyperfine Inc. files with the SEC, latest filing dated Nov 9, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

HYPR peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
HYPR$19.06M+80.0%-$29.81M-156.4%$75.2M
MDT$37.54B+9.8%$5.24B14.0%$131.48B
LIVN$1.51B+11.7%$196.06M13.0%$5.10B
ITGR$1.83B-0.3%$103.70M5.7%$4.30B
TMDX$727.65M+28.5%$144.45M19.9%$3.26B
AXGN$266.93M+24.3%-$31.92M-12.0%$3.02B
CNMD$1.37B+1.6%$73.43M5.4%$1.55B
CBLL$108.72M+31.3%-$73.88M-68.0%$1.07B
INMD$370.50M-6.2%$93.83M25.3%$776.6M

HYPR FAQ

9 questions
  • What is HYPR revenue?
    Hyperfine Inc. (HYPR) reported $19.06M of revenue for the twelve months ended Sep 30, 2026. That is up 80.0% from the year before. Revenue for fiscal 2025 was $13.56M.
  • Is HYPR profitable?
    No. Hyperfine Inc. reported a net loss of $29.81M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does HYPR have?
    Hyperfine Inc. reported $37.87M in cash and cash equivalents and $13.35M of debt on its most recent balance sheet in SEC filings.
  • How fast is HYPR revenue growing?
    Hyperfine Inc.'s revenue changed +5.2% in fiscal 2025, to $13.56M. Its compound annual growth rate was +115.2% over 5 years.
  • What is HYPR gross margin?
    Hyperfine Inc.'s gross profit was $10.04M on $19.06M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 52.6%.
  • What is HYPR free cash flow?
    Hyperfine Inc. generated -$27.92M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$27.57M less capital expenditures.
  • What is HYPR earnings per share?
    Diluted earnings per share were -$0.29 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did HYPR last report financial results?
    The latest statements here come from Hyperfine Inc.'s 10-Q filed on Nov 9, 2026, covering the period ended Sep 30, 2026.
  • Where does this HYPR financial data come from?
    Quantisnow builds these statements from the structured XBRL data Hyperfine Inc. files with the SEC. It is provided for information only and is not investment advice.