NASDAQ : HYPR
Hyperfine, Inc. — Financial statements
Healthcare · Medical Devices · United States
Last price 0.7436 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 78.86M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Hyperfine, Inc. (HYPR) reported revenue of 16.54M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 16.54M | 13.56M | 12.89M | 11.03M | 6.81M | 1.50M |
| Cost of Revenue | 8.04M | 6.81M | 7.00M | 6.28M | 5.91M | 2.66M |
| Gross Profit | 8.50M | 6.75M | 5.89M | 4.76M | 907.00K | -1.17M |
| Selling, General & Admin | 26.53M | 26.39M | 26.62M | 30.38M | 46.62M | 37.86M |
| Research & Development | 15.58M | 17.45M | 22.50M | 22.49M | 28.16M | 25.84M |
| Operating Expenses | 42.12M | 43.84M | 49.12M | 52.87M | 74.78M | 63.70M |
| Operating Income | -33.62M | -37.09M | -43.22M | -48.12M | -73.87M | -64.87M |
| Interest & Investment Income | 993.00K | 1.02M | 2.49M | 3.84M | 761.00K | 18.00K |
| Currency Exchange Gain (Loss) | -337.00K | -337.00K | 12.00K | 35.00K | -51.00K | -1.00K |
| Other Non Operating Income (Expenses) | -1.28M | 825.00K | ||||
| Pretax Income | -34.85M | -35.57M | -40.72M | -44.24M | -73.16M | -64.85M |
| Net Income | -34.85M | -35.57M | -40.72M | -44.24M | -73.16M | -64.85M |
| Net Income to Common | -34.85M | -35.57M | -40.72M | -44.24M | -73.16M | -64.85M |
| Shares Outstanding (Basic) | 92.72M | 81.80M | 72.41M | 71.32M | 70.45M | 3.69M |
| Shares Outstanding (Diluted) | 92.72M | 81.80M | 72.41M | 71.32M | 70.45M | 3.69M |
| EPS (Basic) | -0.38 | -0.43 | -0.56 | -0.62 | -1.04 | -17.57 |
| EPS (Diluted) | -0.38 | -0.43 | -0.56 | -0.62 | -1.04 | -17.57 |
| Free Cash Flow | -27.53M | -29.13M | -39.15M | -42.61M | -72.92M | -49.89M |
| Free Cash Flow Per Share | -0.30 | -0.36 | -0.54 | -0.60 | -1.03 | -13.52 |
| Gross Margin | 51.41% | 49.79% | 45.70% | 43.12% | 13.31% | -78.01% |
| Operating Margin | -203.27% | -273.43% | -335.33% | -436.14% | -1,084.15% | -4,336.10% |
| Profit Margin | -210.75% | -262.29% | -315.90% | -401.00% | -1,073.73% | -4,334.96% |
| Free Cash Flow Margin | -166.47% | -214.80% | -303.72% | -386.27% | -1,070.21% | -3,335.09% |
| EBITDA | -32.50M | -35.99M | -42.22M | -47.06M | -72.86M | -64.14M |
| EBITDA Margin | -196.52% | -265.39% | ||||
| D&A For EBITDA | 1.12M | 1.09M | 1.01M | 1.05M | 1.01M | 726.00K |
| EBIT | -33.62M | -37.09M | -43.22M | -48.12M | -73.87M | -64.87M |
| EBIT Margin | -203.27% | -273.43% | ||||
| Revenue as Reported | 16.54M | 13.56M | 12.89M | 11.03M | 6.81M | 1.50M |
| Advertising Expenses | 763.00K | 470.00K | 762.00K | 1.34M | 2.46M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 43.46M | 35.09M | 37.65M | 75.18M | 117.47M | 188.50M |
| Cash & Short-Term Investments | 43.46M | 35.09M | 37.65M | 75.18M | 117.47M | 188.50M |
| Accounts Receivable | 5.79M | 6.52M | 8.30M | 4.13M | 2.56M | 644.00K |
| Other Receivables | 147.00K | 254.00K | 168.00K | 525.00K | 210.00K | |
| Receivables | 5.79M | 6.67M | 8.56M | 4.30M | 3.08M | 854.00K |
| Inventory | 6.79M | 7.09M | 5.83M | 6.58M | 4.62M | 4.31M |
| Prepaid Expenses | 1.90M | 1.11M | 1.65M | 2.22M | 2.67M | 1.16M |
| Restricted Cash | 1.31M | 957.00K | 28.00K | 621.00K | 771.00K | 2.66M |
| Other Current Assets | 48.00K | |||||
| Total Current Assets | 59.24M | 50.91M | 53.71M | 88.91M | 128.66M | 197.49M |
| Property, Plant & Equipment | 2.44M | 2.87M | 3.46M | 3.00M | 3.25M | 3.75M |
| Long-Term Accounts Receivable | 654.00K | 734.00K | 825.00K | 1.04M | 744.00K | |
| Long-Term Deferred Charges | 561.00K | 548.00K | 490.00K | 391.00K | 247.00K | 158.00K |
| Other Long-Term Assets | 103.00K | 206.00K | 413.00K | 857.00K | 1.15M | 1.08M |
| Total Assets | 63.00M | 55.26M | 58.90M | 94.20M | 134.05M | 202.47M |
| Accounts Payable | 2.42M | 4.05M | 1.61M | 1.21M | 678.00K | 2.25M |
| Accrued Expenses | 3.73M | 4.47M | 4.89M | 4.85M | 5.94M | 10.08M |
| Current Portion of Leases | 178.00K | 248.00K | 269.00K | 185.00K | ||
| Current Unearned Revenue | 2.97M | 2.50M | 1.49M | 2.07M | 2.15M | 3.39M |
| Other Current Liabilities | 337.00K | 460.00K | 473.00K | 446.00K | 38.00K | 19.00K |
| Total Current Liabilities | 9.63M | 11.73M | 8.73M | 8.77M | 8.80M | 15.74M |
| Long-Term Debt | 13.23M | |||||
| Long-Term Leases | 66.00K | 78.00K | ||||
| Long-Term Unearned Revenue | 835.00K | 729.00K | 1.05M | 968.00K | 1.53M | 510.00K |
| Other Long-Term Liabilities | 2.54M | 1.73M | 64.00K | |||
| Total Liabilities | 26.24M | 14.26M | 9.86M | 9.80M | 10.33M | 16.25M |
| Common Stock | 11.00K | 10.00K | 7.00K | 7.00K | 7.00K | 7.00K |
| Additional Paid-In Capital | 384.68M | 371.01M | 343.48M | 338.11M | 333.20M | 322.54M |
| Retained Earnings | -347.94M | -330.02M | -294.44M | -253.72M | -209.48M | -136.32M |
| Total Common Equity | 36.76M | 41.01M | 49.04M | 84.40M | 123.72M | 186.23M |
| Shareholders' Equity | 36.76M | 41.01M | 49.04M | 84.40M | 123.72M | 186.23M |
| Total Liabilities & Equity | 63.00M | 55.26M | 58.90M | 94.20M | 134.05M | 202.47M |
| Total Debt | 13.41M | 314.00K | 347.00K | 185.00K | ||
| Net Cash (Debt) | 30.05M | 34.77M | 37.30M | 75.00M | 117.47M | 188.50M |
| Net Cash Per Share | 0.32 | 0.43 | 0.52 | 1.05 | 1.67 | 51.08 |
| Filing Date Shares Outstanding | 106.05M | 97.96M | 77.83M | 71.95M | 71.05M | 70.33M |
| Total Common Shares Outstanding | 106.04M | 97.22M | 73.13M | 71.90M | 70.68M | 70.33M |
| Working Capital | 49.61M | 39.18M | 44.98M | 80.14M | 119.86M | 181.75M |
| Book Value Per Share | 0.35 | 0.42 | 0.67 | 1.17 | 1.75 | 2.65 |
| Tangible Book Value | 36.76M | 41.01M | 49.04M | 84.40M | 123.72M | 186.23M |
| Tangible Book Value Per Share | 0.35 | 0.42 | 0.67 | 1.17 | 1.75 | 2.65 |
| Machinery | 5.79M | 5.65M | 4.60M | 4.58M | 4.60M | 4.35M |
| Construction In Progress | 373.00K | 383.00K | 1.23M | 595.00K | 359.00K | 341.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -34.85M | -35.57M | -40.72M | -44.24M | -73.16M | -64.85M |
| Depreciation & Amortization | 1.12M | 1.09M | 1.01M | 1.05M | 1.01M | 726.00K |
| Loss (Gain) From Sale of Assets | 6.00K | |||||
| Asset Writedown & Restructuring Costs | 121.00K | 121.00K | 215.00K | 224.00K | 984.00K | |
| Stock-Based Compensation | 2.86M | 2.80M | 4.36M | 4.74M | 10.65M | 6.90M |
| Other Operating Activities | 1.68M | -798.00K | -11.00K | 35.00K | 91.00K | 85.00K |
| Change in Accounts Receivable | 1.16M | 1.78M | -4.17M | -1.57M | -1.91M | -470.00K |
| Change in Inventory | -1.93M | -1.48M | 1.25M | -2.62M | -593.00K | -2.67M |
| Change in Accounts Payable | -515.00K | 2.43M | 382.00K | 533.00K | -1.57M | 1.44M |
| Change in Unearned Revenue | 1.36M | 688.00K | -500.00K | -606.00K | -227.00K | 2.13M |
| Change in Other Net Operating Assets | 1.81M | 989.00K | -585.00K | 643.00K | -6.63M | 8.54M |
| Operating Cash Flow | -27.07M | -27.95M | -38.77M | -41.81M | -72.34M | -47.18M |
| Capital Expenditures | -465.00K | -1.19M | -383.00K | -804.00K | -585.00K | -2.71M |
| Investing Cash Flow | -465.00K | -1.19M | -383.00K | -804.00K | -585.00K | -2.71M |
| Long-Term Debt Repaid | -178.00K | |||||
| Net Debt Issued (Repaid) | 13.64M | -178.00K | ||||
| Issuance of Common Stock | 33.08M | 27.50M | 1.02M | 174.00K | 7.00K | 142.97M |
| Other Financing Activities | 3.51M | |||||
| Financing Cash Flow | 46.72M | 27.50M | 1.02M | 174.00K | 7.00K | 176.77M |
| Net Cash Flow | 19.19M | -1.63M | -38.13M | -42.44M | -72.92M | 126.87M |
| Free Cash Flow | -27.53M | -29.13M | -39.15M | -42.61M | -72.92M | -49.89M |
| Free Cash Flow Margin | -166.47% | -214.80% | -303.72% | -386.27% | -1,070.21% | -3,335.09% |
| Free Cash Flow Per Share | -0.30 | -0.36 | -0.54 | -0.60 | -1.03 | -13.52 |
| Levered Free Cash Flow | -17.16M | -17.21M | -24.49M | -27.83M | -44.23M | -27.34M |
| Unlevered Free Cash Flow | -16.91M | -17.21M | -24.49M | -27.83M | -44.23M | -27.34M |
| Cash Income Tax Paid | -519.00K | -131.00K | -374.00K | |||
| Change in Working Capital | 1.88M | 4.41M | -3.62M | -3.62M | -10.93M | 8.97M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 76.10M | 95.16M | 64.19M | 80.19M | 59.28M | 507.73M |
| Enterprise Value | 46.06M | 73.78M | 18.54M | -5.23M | -73.20M | 610.53M |
| Last Close Price | 0.72 | 0.98 | 0.88 | 1.12 | 0.84 | 7.25 |
| PS Ratio | 4.60 | 7.02 | 4.98 | 7.27 | 8.70 | 339.39 |
| PB Ratio | 2.07 | 2.32 | 1.31 | 0.95 | 0.48 | 2.73 |
| P/TBV Ratio | 2.07 | 2.32 | 1.31 | 0.95 | 0.48 | 2.73 |
| EV/Sales Ratio | 2.79 | 5.44 | 1.44 | 408.11 | ||
| Debt / Equity Ratio | 0.36 | 0.01 | 0.01 | 0.00 | ||
| Net Debt / Equity Ratio | -0.82 | -0.85 | -0.76 | -0.89 | -0.95 | -1.01 |
| Net Debt / EBITDA Ratio | 0.92 | 0.97 | 0.88 | 1.59 | 1.61 | 2.94 |
| Net Debt / FCF Ratio | 1.09 | 1.19 | 0.95 | 1.76 | 1.61 | 3.78 |
| Asset Turnover | 0.31 | 0.24 | 0.17 | 0.10 | 0.04 | 0.01 |
| Inventory Turnover | 1.38 | 1.05 | 1.13 | 1.12 | 1.32 | 0.88 |
| Quick Ratio | 5.11 | 3.56 | 5.29 | 9.06 | 13.70 | 12.03 |
| Current Ratio | 6.15 | 4.34 | 6.15 | 10.14 | 14.62 | 12.55 |
| Return on Equity (ROE) | -96.97% | -79.01% | -61.03% | -42.51% | -47.21% | -51.17% |
| Return on Assets (ROA) | -38.82% | -40.61% | -35.29% | -26.35% | -27.44% | -29.59% |
| Return on Capital Employed (ROCE) | -63.00% | -85.20% | -86.20% | -56.30% | -59.00% | -34.70% |
| Earnings Yield | -52.38% | -37.38% | -63.43% | -55.16% | -123.41% | -12.77% |
| FCF Yield | -36.18% | -30.62% | -60.99% | -53.14% | -123.01% | -9.83% |
| Buyback Yield / Dilution | -23.85% | -12.96% | -1.54% | -1.23% | -1,808.92% | -142.30% |