Filing Flows › Hyperfine (HYPR) › Q4 2024
Hyperfine (HYPR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 17, 2025
Hyperfine (HYPR) reported revenue of $2.3M for the fourth quarter 2024 (Q4 2024), -14% from a year earlier and -36% from the quarter before. Operating margin was -463.8%, net loss $10.4M (447.7% of revenue).
Hyperfine, Q4 2024: revenue $2.3M (-14% year over year), operating margin -463.8%, net loss $10.4M, operating cash flow −$8.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3M | -36% | -14% |
| Operating profit | −$10.8M | — | — |
| Net earnings | −$10.4M | — | — |
| Operating cash flow | −$8.4M | — | — |
What changed
Revenue was $2.3M in Q4 2024, down 14% year over year and down 36% from the previous quarter. Product was the largest line at 75% of revenue.
Gross margin was 35.6%, down 2.9 points from a year earlier. Operating costs exceeded revenue by $10.8M, an operating margin of -463.8%. Operating expenses fell 8% while revenue fell 14%. The quarter ended with a net loss of $10.4M, wider than the previous quarter's $10.3M loss.
Operating cash flow was −$8.4M. Non-cash charges added back $234K of depreciation and $1.1M of share-based compensation. Working capital and other items added $745K. Capital expenditures of $8K exceeded it, leaving free cash flow of −$8.4M.
Questions
What was Hyperfine's revenue in the fourth quarter 2024?
Hyperfine (HYPR) reported revenue of $2.3M for the fourth quarter 2024 (Q4 2024), -14% from a year earlier and -36% from the quarter before.
Was Hyperfine profitable in the fourth quarter 2024?
Operating loss was $10.8M (-463.8% of revenue) and net loss $10.4M.
Source: Hyperfine 10-K on SEC EDGAR.