Filing Flows › Hyperfine (HYPR) › Q4 2025
Hyperfine (HYPR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 18, 2026
Hyperfine (HYPR) reported revenue of $5.3M for the fourth quarter 2025 (Q4 2025), +128% from a year earlier and +54% from the quarter before. Operating margin was -144.9%, net loss $5.9M (111.7% of revenue).
Hyperfine, Q4 2025: revenue $5.3M (+128% year over year), operating margin -144.9%, net loss $5.9M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.3M | +54% | +128% |
| Operating profit | −$7.7M | — | — |
| Net earnings | −$5.9M | — | — |
| Operating cash flow | −$5.2M | — | — |
What changed
Revenue was $5.3M in Q4 2025, up 128% year over year and up 54% from the previous quarter. Product was the largest line at 92% of revenue.
Gross margin was 50.9%, up 15.3 points from Q4 2024. Operating costs exceeded revenue by $7.7M, an operating margin of -144.9%. Operating expenses fell 11% while revenue rose 128%. The quarter ended with a net loss of $5.9M, narrower than the previous quarter's $11.0M loss. Non-operating items added $1.8M, -30% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.2M. Non-cash charges added back $281K of depreciation and $692K of share-based compensation. Working capital and other items used $268K. Capital expenditures of $63K exceeded it, leaving free cash flow of −$5.3M.
Questions
What was Hyperfine's revenue in the fourth quarter 2025?
Hyperfine (HYPR) reported revenue of $5.3M for the fourth quarter 2025 (Q4 2025), +128% from a year earlier and +54% from the quarter before.
Was Hyperfine profitable in the fourth quarter 2025?
Operating loss was $7.7M (-144.9% of revenue) and net loss $5.9M.
Source: Hyperfine 10-K on SEC EDGAR.