Hyperfine Q3 revenue jumps on higher system sales; net loss narrows
HYPR•Hyperfine’s third-quarter revenue rose 73% year over year to a record, driven by a 75% increase in commercial Swoop system sales, while net loss declined. The company maintained its 2026 revenue guidance of $20 million to $22 million and net cash burn guidance of $26 million to $28 million.
1. Revenue and losses
Hyperfine reported record third-quarter revenue, up 73% year over year, as commercial Swoop system sales increased 75%. Gross profit and gross margin also reached record levels. Operating loss narrowed 19% year over year, and net loss declined to $5.98 million; loss per share was $0.06.
2. Guidance and plans
The company maintained its 2026 revenue guidance of $20 million to $22 million and net cash burn guidance of $26 million to $28 million. It plans to file a new $150 million shelf registration statement before its current registration expires in November 2026.
3. Growth drivers
Hyperfine cited launches and distributor agreements in Europe, the UK, Kuwait and the UAE, along with software features and regulatory clearances, as supporting sales growth.
