Filing Flows › Hyperfine (HYPR) › Q1 2026 › vs Q4 2025
Hyperfine (HYPR) Q1 2026 vs Q4 2025 (quarter over quarter)
Hyperfine's revenue fell $1.4M (-26%) from $5.3M in Q4 2025 to $3.9M in Q1 2026. The biggest changes: Product −$1.6M (-33%); Service +$210K (+48%).
Hyperfine, Q1 2026: revenue $3.9M (+83% year over year), operating margin -219.3%, net loss $8.6M, operating cash flow −$9.0M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Product | $3.3M | $4.9M | −$1.6M | -33% |
| Service | $646K | $436K | $210K | +48% |
| Revenue | $3.9M | $5.3M | −$1.4M | -26% |
| Net loss | $8.6M | $5.9M | $2.7M | +46% |
| Costs & expenses | $12.5M | $13.0M | −$435K | -3% |
| Operating costs | $12.5M | $13.0M | −$500K | -4% |
| Interest & other, net | $65K | −$1.8M | $1.8M | — |
| Cost of revenue | $1.9M | $2.6M | −$675K | -26% |
| Research & development | $3.8M | $3.8M | $20K | +0.5% |
| Sales & marketing | $2.6M | $2.5M | $59K | +2% |
| General & admin | $4.1M | $4.0M | $96K | +2% |
| Operating cash sources | $9.9M | $6.2M | $3.7M | +61% |
| Depreciation | $274K | $281K | −$7K | -2% |
| Share-based compensation | $647K | $692K | −$45K | -7% |
| Cash used in operations | $9.0M | $5.2M | $3.8M | +73% |
| Net loss absorbed | $8.6M | $5.9M | $2.7M | +46% |
| Working capital & other | $1.3M | $268K | $1.0M | +387% |
Questions
How much did Hyperfine's revenue grow quarter over quarter in Q1 2026?
Hyperfine's revenue fell $1.4M (-26%) from $5.3M in Q4 2025 to $3.9M in Q1 2026.
What drove Hyperfine's revenue change in Q1 2026?
Product −$1.6M (-33%); Service +$210K (+48%).