Hyperfine, Inc. financials
Source: EDGAR filings · Built 2026-06-19T02:32:01Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -29.13M | -39.15M | -42.61M | -72.92M | -49.89M | -23.09M |
| EBITDA | -35.99M | -42.22M | -47.06M | -72.86M | -64.14M | -23.20M |
| Working Capital | 39.18M | 44.98M | 80.14M | 119.86M | 181.75M | 64.22M |
| Net Debt | -34.77M | -37.30M | -74.93M | — | — | -62.50M |
| Gross Margin | 49.79% | 45.70% | 43.12% | 13.31% | -78.01% | -162.24% |
| Operating Margin | -273.43% | -335.33% | -436.14% | -1084.15% | -4336.10% | -7990.14% |
| Net Margin | -262.29% | -315.90% | -401.00% | -649.22% | -4334.96% | -7968.37% |
| Return on Equity (ROE) | -86.76% | -83.03% | -52.42% | -35.76% | -34.82% | 38.37% |
| Return on Assets (ROA) | -64.37% | -69.13% | -46.96% | -33.00% | -32.03% | -32.75% |
| Current Ratio | 4.34× | 6.15× | 10.14× | 14.62× | 12.55× | 16.60× |
| Debt-to-Equity | 0.01× | 0.01× | 0.00× | — | — | -0.00× |
| Effective Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
| Cash Conversion Ratio | 0.79× | 0.95× | 0.95× | 1.64× | 0.73× | 0.92× |
| Accruals Ratio | -0.14× | -0.03× | -0.03× | 0.21× | -0.09× | -0.03× |
| SBC % of Revenue | 20.65% | 33.84% | 42.98% | 156.33% | 461.30% | 379.93% |
| CapEx Coverage | -23.58× | -101.22× | -52.00× | -123.66× | -17.40× | -13.73× |
| Free Cash Flow Per Share | $-0.36 | $-0.54 | $-0.60 | $-1.04 | $-13.52 | $-15.16 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 13.56M | 12.89M | 11.03M | 6.81M | 1.50M | 294.00K |
| Cost of Goods and Services Sold | 6.81M | 7.00M | 6.28M | 5.91M | 2.66M | 771.00K |
| Gross Profit | 6.75M | 5.89M | 4.76M | 907.00K | -1.17M | -477.00K |
| Research and Development Expense | 17.45M | 22.50M | 22.49M | 28.16M | 25.84M | 14.59M |
| Operating Expenses | 43.84M | 49.12M | 52.87M | 74.78M | 63.70M | 23.01M |
| Operating Income (Loss) | -37.09M | -43.22M | -48.12M | -73.87M | -64.87M | -23.49M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | — |
| Net Income (Loss) Attributable to Parent | -35.57M | -40.72M | -44.24M | -44.24M | -64.85M | -23.43M |
| Earnings Per Share, Basic | $-0.43 | $-0.56 | $-0.62 | $-1.04 | $-17.57 | — |
| Weighted Average Number of Shares Outstanding, Basic | 81.80M | 72.41M | 71.32M | 70.45M | 3.69M | — |
| Earnings Per Share, Diluted | $-0.43 | $-0.56 | $-0.62 | $-1.04 | $-17.57 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 81.80M | 72.41M | 71.32M | 70.45M | 3.69M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 35.09M | 37.65M | 75.18M | 117.47M | 188.50M | 62.68M |
| Assets, Current | 50.91M | 53.71M | 88.91M | 128.66M | 197.49M | 68.33M |
| Assets | 55.26M | 58.90M | 94.20M | 134.05M | 202.47M | 71.53M |
| Liabilities, Current | 11.73M | 8.73M | 8.77M | 8.80M | 15.74M | 4.12M |
| Long-term Debt, Excluding Current Maturities | 0 | — | — | — | — | — |
| Liabilities | 14.26M | 9.86M | 9.80M | 10.33M | 16.25M | 4.29M |
| Stockholders' Equity Attributable to Parent | 41.01M | 49.04M | 84.40M | 123.72M | 186.23M | -61.05M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -27.95M | -38.77M | -41.81M | -72.34M | -47.18M | -21.52M |
| Payments to Acquire Property, Plant, and Equipment | 1.19M | 383.00K | 804.00K | 585.00K | 2.71M | 1.57M |
| Net Cash Provided by (Used in) Investing Activities | -1.19M | -383.00K | -804.00K | -585.00K | -2.71M | -1.57M |
| Net Cash Provided by (Used in) Financing Activities | 27.50M | 1.02M | 174.00K | 7.00K | 176.77M | 60.94M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -9.25M | -5.27M | -23.86M | -18.15M | -9.72M | -8.37M |
| EBITDA | -8.28M | -7.39M | -8.62M | -9.31M | -10.67M | -10.53M |
| Working Capital | 45.88M | 39.18M | 26.73M | 32.11M | 40.42M | 44.98M |
| Net Debt | -27.41M | -34.77M | -21.38M | -25.17M | -32.81M | -37.30M |
| Gross Margin | 50.70% | 50.90% | 53.77% | 49.26% | 41.32% | 35.59% |
| Operating Margin | -219.27% | -144.87% | -259.53% | -355.90% | -510.15% | -463.81% |
| Net Margin | -220.93% | -111.69% | -320.60% | -342.17% | -440.71% | -447.65% |
| Return on Equity (ROE) | -25.10% | -14.42% | -41.01% | -26.26% | -21.84% | -21.19% |
| Return on Assets (ROA) | -14.29% | -10.70% | -26.54% | -20.39% | -17.64% | -17.64% |
| Current Ratio | 5.52× | 4.34× | 3.63× | 5.02× | 6.07× | 6.15× |
| Debt-to-Equity | 0.39× | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× |
| Effective Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | 1.04× | 0.88× | 2.06× | 1.86× | 0.98× | 0.80× |
| Accruals Ratio | 0.01× | -0.01× | 0.28× | 0.18× | -0.00× | -0.03× |
| SBC % of Revenue | 16.58% | 13.07% | 61.36% | 55.34% | 44.22% | 45.41% |
| CapEx Coverage | -37.22× | -82.65× | -20.27× | -17.30× | -19.60× | -1044.63× |
| Free Cash Flow Per Share | $-0.09 | $-0.06 | $-0.30 | $-0.23 | $-0.13 | $-0.12 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 3.90M | 5.29M | 3.44M | 2.70M | 2.14M | 2.32M |
| Cost of Goods and Services Sold | 1.92M | 2.60M | 1.59M | 1.37M | 1.25M | 1.50M |
| Gross Profit | 1.98M | 2.69M | 1.85M | 1.33M | 883.00K | 826.00K |
| Research and Development Expense | 3.85M | 3.83M | 4.05M | 4.54M | 5.04M | 5.11M |
| Operating Expenses | 10.54M | 10.36M | 10.77M | 10.92M | 11.79M | 11.59M |
| Operating Income (Loss) | -8.56M | -7.67M | -8.92M | -9.60M | -10.90M | -10.77M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -8.62M | -5.91M | -11.02M | -9.22M | -9.42M | -10.39M |
| Earnings Per Share, Basic | $-0.09 | $-0.05 | $-0.14 | $-0.12 | $-0.12 | $-0.14 |
| Weighted Average Number of Shares Outstanding, Basic | 97.70M | 81.80M | 79.03M | 78.08M | 75.70M | 72.41M |
| Earnings Per Share, Diluted | $-0.09 | $-0.05 | $-0.14 | $-0.12 | $-0.12 | $-0.14 |
| Weighted Average Number of Shares Outstanding, Diluted | 97.70M | 81.80M | 79.03M | 78.08M | 75.70M | 72.41M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 40.78M | 35.09M | 21.56M | 25.42M | 33.09M | 37.65M |
| Assets, Current | 56.03M | 50.91M | 36.90M | 40.10M | 48.40M | 53.71M |
| Assets | 60.34M | 55.26M | 41.51M | 45.23M | 53.38M | 58.90M |
| Long-term Debt | 13.12M | — | — | — | — | — |
| Liabilities, Current | 10.15M | 11.73M | 10.17M | 7.99M | 7.98M | 8.73M |
| Long-term Debt, Excluding Current Maturities | 13.12M | 0 | — | — | — | — |
| Liabilities | 25.98M | 14.26M | 14.64M | 10.11M | 10.26M | 9.86M |
| Stockholders' Equity Attributable to Parent | 34.36M | 41.01M | 26.87M | 35.13M | 43.11M | 49.04M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -9.01M | -5.21M | -22.74M | -17.16M | -9.25M | -8.36M |
| Payments to Acquire Property, Plant, and Equipment | 242.00K | 63.00K | 1.12M | 992.00K | 472.00K | 8.00K |
| Net Cash Provided by (Used in) Investing Activities | -242.00K | -63.00K | -1.12M | -992.00K | -472.00K | -8.00K |
| Net Cash Provided by (Used in) Financing Activities | 14.49M | 19.28M | 8.22M | 6.06M | 5.58M | 54.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (HYPR CIK 0001833769),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.