Hyperfine
Makes and supports Swoop, a portable ultra-low-field brain-MRI system.
Something off on this page? Send us feedback.
Profile
Swoop combines portable ultra-low-field MRI hardware, Optive AI image-reconstruction software, and field service for brain imaging. It is Hyperfine's sole reportable business, sold through a direct organization focused on U.S. hospitals and neurology settings.
Founded in 2014, the company now centers its operations entirely on Swoop, a portable ultra-low-field MR system for brain imaging. It produces, supplies, services, and commercializes the system as its sole reportable business.
Next-generation Swoop hardware pairs with Optive AI image-reconstruction software. FDA clearance covers brain imaging across patients of all ages, following its initial U.S. brain-imaging clearance.
Commercialization initially focused on U.S. hospital and hospital-system contracts, then extended to emergency departments, hospital-based neurology clinics, and neurology offices. A direct sales and field-support organization supports the commercial single-system platform across these care settings.
Company facts
Key statistics
Year to date −14.1% · Average volume (30d) 579.7K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| Aug 20, 2026 | BTIG | Reiterate | Buy | $2 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | −$0.09 | −$0.09 | 0.0% | $4.1M | $3.9M | −5.6% | −2.75% |
| May 12, 2026Q1 FY26 | −$0.09 | −$0.09 | 0.0% | $3.5M | $3.9M | +10.3% | −8.09% |
| Mar 18, 2026Q4 FY25 | −$0.08 | −$0.08 | 0.0% | $5.2M | $5.3M | +2.7% | −4.72% |
| Nov 13, 2025Q3 FY25 | −$0.10 | −$0.11 | −10.0% | $5.3M | $3.4M | −35.2% | +9.52% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.1M | $2.7M | $3.4M | $5.3M | $3.9M | $3.9M | |
| Gross profit | $883.0K | $1.3M | $1.8M | $2.7M | $2.0M | $2.0M | |
| Operating income | −$10.9M | −$9.6M | −$8.9M | −$7.7M | −$8.6M | −$8.5M | |
| Net income | −$9.4M | −$9.2M | −$11.0M | −$5.9M | −$8.6M | −$9.3M | |
| Diluted EPS | −$0.12 | −$0.12 | −$0.14 | −$0.06 | −$0.09 | −$0.09 | |
| Gross margin | 41.3% | 49.3% | 53.8% | 50.9% | 50.7% | 50.7% | |
| Operating margin | -510.2% | -355.9% | -259.5% | -144.9% | -219.3% | -216.9% |
Fiscal years (4-quarter sums)FY21 $1.5M · FY22 $6.8M · FY23 $11.0M · FY24 $12.9M · FY25 $13.6M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $43.5M · Total debt $13.4M · Total assets $63.0M · Shareholders' equity $36.8M
Dividends
No dividends on record.
Ownership
Shares outstanding 84.22M · Float 66.55M · 79.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 4.67M | 5.50% | 13G | Jul 28, 2026 |
| Vanguard Capital Management LLC | 3.45M | 4.10% | 13F | May 15, 2026 |
| Fosun International Ltd | 1.74M | 2.07% | 13F | May 14, 2026 |
| Catalio Capital Management, LP | 1.32M | 1.57% | 13F | May 15, 2026 |
| Sio Capital Management, LLC | 1.00M | 1.19% | 13F | May 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 24, 2026 | Brett Hale | officer: CFO and CAO | −7,345 | $0.8540 |
| Aug 24, 2026 | Thomas Teisseyre | officer: Chief Operating Officer | −7,345 | $0.8540 |
| May 26, 2026 | Thomas Teisseyre | officer: Chief Operating Officer | −6,047 | $1.65 |
| May 26, 2026 | Brett Hale | officer: CFO and CAO | −6,047 | $1.65 |
| Mar 23, 2026 | Brett Hale | officer: CFO and CAO | −24,188 | $1.21 |
Peers
- GE HealthCare
Hospital MRI scanners and AI workflow overlap in brain imaging
- Philips (ADR)
BlueSeal MRI and AI workflow overlap in hospital brain imaging
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Hyperfine | $0.8310 | −0.23% | $70.2M | — | — | 4.2 | +44.8% |
| GE HealthCare | $71.73 | −0.01% | $32.40B | 20.8 | 13.8 | 1.6 | +5.8% |
| Philips (ADR) | $26.72 | +0.06% | $26.12B | 19.9 | 13.7 | 1.3 | −2.9% |
| Median | 20.3 | 13.7 | 1.4 | +1.4% |




