Hyperfine, Inc. — Third Quarter 2026 Earnings Summary

Hyperfine, Inc. reported record third-quarter 2026 revenues of $6.0 million, representing a 73% increase from the same period in 2025, driven by the sale of 14 Swoop portable MRI systems. The company achieved a record gross margin of 57% and a net loss of $6.0 million, with quarterly revenue exceeding net cash burn for the first time. Recent business milestones include the launch of the Swoop Model 2 in Europe and the UK, FDA clearance for the Optive AI software, and the publication of study results showing high concordance between portable and high-field MRI. Management projects full-year 2026 revenue between $20 million and $22 million and expects net cash burn to decline to approximately $26 million to $28 million.