Hyperfine Reports Record Q3 2026 Results with 73% Revenue Growth
Hyperfine (HYPR) delivered a strong third quarter for 2026, reporting revenue of $6.0 million, which represents a 73% year-over-year increase. This growth was driven by robust demand across hospital, office, and international verticals, alongside a 75% increase in commercial unit sales. The company achieved a record gross margin of 56.7%, benefiting from higher average selling prices and improved manufacturing scale. Financially, the company demonstrated significant progress toward sustainability, reducing its net cash burn by 29% sequentially. For the first time, quarterly revenue exceeded net cash consumption. With $37.9 million in cash and cash equivalents, management projects a liquidity runway extending into 2028. Looking ahead, Hyperfine raised its full-year gross margin guidance and expects significant year-over-year growth for the total fiscal year.
Tickers: $HYPR
Topics: cash burn gross margin net loss revenue growth unit sales