Mar. 18 at 8:21 PM
$HYPR
🚨
Fourth quarter 2025 revenue reached
$5.29 million, up 128% year over year, while gross margin improved to 51% from 36%, indicating stronger demand and better unit economics.
Full-year 2025 net loss narrowed to
$35.57 million from
$40.72 million as research and development and general and administrative expenses declined versus 2024.
Management guides 2026 revenue to approximately
$20–
$22 million, implying 55% growth at the midpoint over 2025, alongside a projected 10% decline in cash burn.
Enhanced liquidity and extended runway: Cash and cash equivalents of
$35.09 million at December 31, 2025.
Continuing sizable losses and cash burn: Despite improvement, Hyperfine recorded a full-year 2025 net loss of
$35.57 million and anticipates 2026 cash burn of roughly
$26–
$28 million.
The business relies on equity offerings, warrant exercises, and a
$40 million senior secured term loan facility to fund operations, increasing dilution and leverage risk.
