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Hyperfine, Inc. — Third Quarter 2026 Earnings Summary

  • Revenue reached a record $6.0 million in Q3 2026, up 73% year-over-year and 53% quarter-over-quarter, while gross profit hit a record $3.4 million with a 57% gross margin.
  • Operating loss narrowed 19% to $7.3 million and net loss decreased to $6.0 million; notably, Q3 2026 revenue exceeded net cash burn ($5.6 million) for the first time.
  • Full-year 2026 guidance remains unchanged at $20–$22 million revenue and $26–$28 million net cash burn, with management projecting 55% revenue growth and a 10% decline in cash burn versus 2025.
  • Strategic progress includes the launch of Swoop® Model 2 in Europe/UK, new distributor agreements in the Middle East, FDA clearance for Optive AI™ software, and a planned $150 million Form S-3 registration statement.
Company
HYPERFINE INC
Sector
Healthcare
Industry
Medical Devices